£112,591
This estimated value is based upon the latest sale price for the house of £85,000 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£85,000 | 7 Oct 2016 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 October 2016 the House Price Index for CUMBRIA was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £85,000 results in an estimated price of approximately £112,591.
7 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £85,000 | £27,591 | £112,591 |
The Postcode Pricing Model uses changes in average sales price within the CA17 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 | 25.073 % | £21,311 | £106,311 |
3 Month Average | 33.135 % | £28,164 | £113,164 |
6 Month Average | 24.300 % | £20,654 | £105,654 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £132,315 | £130,000 | 16 THE CRESCENT |
17 Aug 2023 | £148,297 | £147,000 | 51 HIGH STREET |
31 Jul 2023 | £514,424 | £507,500 | FLETCHER HILL FARM FLETCHER HILL |
21 Apr 2023 | £189,541 | £187,500 | 3 MELLBECKS |
31 Mar 2023 | £116,094 | £115,000 | FLAT 4 EDEN LODGE MELLBECKS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Feb 2016. Using an estimated price of £112,591 means this house is valued at £1,294 per sq meter (£120 per sq foot).
The average size of a house on THE CRESCENT is 87 sq meters (939 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near The Crescent |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Victoria Square |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Victoria Square |
Jan 2024 | Anti-social behaviour | On or near Victoria Square | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Victoria Square |