£169,885
This estimated value is based upon the latest sale price for the house of £100,000 on 5 Sep 2008. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 5 Sep 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in September 2008 the House Price Index for LANCASHIRE was 86.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.886%.Applying this 69.886% change to the original purchase price of £100,000 results in an estimated price of approximately £169,885.
| 5 Sep 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 146.7 | 69.886 % | £100,000 | £69,885 | £169,885 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 8.522 % | £8,522 | £108,522 |
| 3 Month Average | 11.454 % | £11,454 | £111,454 |
| 6 Month Average | 14.723 % | £14,723 | £114,723 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Dec 2019.
The average size of a house on CUMBERLAND AVENUE is 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Lincoln Avenue |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lincoln Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cumberland Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Durham Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rutland Avenue |