£296,910
This estimated value is based upon the latest sale price for the house of £187,500 on 4 Feb 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£187,500 | 4 Feb 2014 |
£145,000 | 17 Oct 2003 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in February 2014 the House Price Index for CUMBRIA was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £187,500 results in an estimated price of approximately £296,910.
4 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 148.6 | 58.353 % | £187,500 | £109,410 | £296,910 |
The Postcode Pricing Model uses changes in average sales price within the LA14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 51.733 % | £96,999 | £284,499 |
3 Month Average | 38.481 % | £72,151 | £259,651 |
6 Month Average | 41.863 % | £78,493 | £265,993 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £261,877 | £258,000 | 70 FURNESS PARK ROAD |
16 Jun 2023 | £455,518 | £450,000 | 22 THORNCLIFFE ROAD |
3 Feb 2023 | £234,842 | £235,000 | 37 GRANTLEY ROAD |
21 Jun 2022 | £284,014 | £280,000 | 6 THORNFIELD PARK |
8 Apr 2022 | £375,877 | £365,000 | 9 RUSLAND AVENUE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 10 Apr 2014. Using an estimated price of £296,911 means this house is valued at £2,394 per sq meter (£222 per sq foot).
The average size of a house on FURNESS PARK ROAD is 123 sq meters (1,333 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Thornfield Park |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Grantley Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Elkstone Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandringham Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Oxford Road |