£104,038
This estimated value is based upon the latest sale price for the house of £66,000 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£66,000 | 27 Jul 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 July 2007 the House Price Index for CUMBRIA was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £66,000 results in an estimated price of approximately £104,038.
27 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.634 % | £66,000 | £38,038 | £104,038 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | 4.272 % | £2,819 | £68,819 |
3 Month Average | 13.637 % | £9,000 | £75,000 |
6 Month Average | 7.880 % | £5,200 | £71,200 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £167,480 | £165,000 | 31 RAVENSTONE WAY |
1 Jun 2023 | £106,287 | £105,000 | 11 WHERNSIDE |
20 Mar 2023 | £65,618 | £65,000 | 10 REETH ROAD |
17 Mar 2023 | £153,950 | £152,500 | 25 RAVENSTONE WAY |
6 Feb 2023 | £59,960 | £60,000 | 36 REETH ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 4 Jan 2013. Using an estimated price of £104,038 means this house is valued at £2,261 per sq meter (£210 per sq foot).
The average size of a house on REETH ROAD is 59 sq meters (641 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Reeth Road |
Feb 2024 | Shoplifting | Awaiting court outcome | On or near Reeth Road |
Jan 2024 | Anti-social behaviour | On or near Reeth Road | |
Jan 2024 | Anti-social behaviour | On or near Reeth Road | |
Jan 2024 | Anti-social behaviour | On or near Reeth Road |