£349,920
This estimated value is based upon the latest sale price for the house of £192,000 on 24 Oct 2005. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£192,000 | 24 Oct 2005 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 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 2005 the House Price Index for CUMBRIA was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £192,000 results in an estimated price of approximately £349,920.
24 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.250 % | £192,000 | £157,920 | £349,920 |
The Postcode Pricing Model uses changes in average sales price within the LA9 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 | 55.946 % | £107,416 | £299,416 |
3 Month Average | 45.948 % | £88,220 | £280,220 |
6 Month Average | 47.971 % | £92,105 | £284,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £253,757 | £250,000 | 5 ROMNEY ROAD |
25 Apr 2023 | £288,102 | £285,000 | 4 ROMNEY ROAD |
10 Feb 2023 | £219,852 | £220,000 | 31 PARK STREET |
8 Jul 2022 | £295,796 | £295,000 | 3 ROMNEY VILLAS |
27 May 2022 | £193,649 | £190,000 | 8 ROMNEY AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 15 Feb 2018. Using an estimated price of £349,921 means this house is valued at £3,181 per sq meter (£295 per sq foot).
The average size of a house on ROMNEY ROAD is 99 sq meters (1,072 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near Romney Road |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Howard Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Romney Avenue |
Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Ford Terrace |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Street |