£714,125
This estimated value is based upon the latest sale price for the house of £394,000 on 24 Nov 2005. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £394,000 | 24 Nov 2005 |
| Terraced |
| Freehold |
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 November 2005 the House Price Index for CUMBRIA was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £394,000 results in an estimated price of approximately £714,125.
| 24 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £394,000 | £320,125 | £714,125 |
The Postcode Pricing Model uses changes in average sales price within the LA23 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 | 135.790 % | £535,014 | £929,014 |
| 3 Month Average | 126.118 % | £496,903 | £890,903 |
| 6 Month Average | 110.492 % | £435,339 | £829,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £360,335 | £355,000 | 2 SOUTH TERRACE |
| 6 Apr 2023 | £163,574 | £161,813 | 2 THE STABLES BANK ROAD |
| 6 Mar 2023 | £171,617 | £170,000 | FLAT 7 BERESFORD COURT LAKE ROAD |
| 27 Feb 2023 | £199,866 | £200,000 | 1A NORTH TERRACE |
| 10 Jan 2023 | £113,466 | £114,000 | 3 SUNBEAM FLATS NORTH TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bank Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bank Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bank Road |
| Jan 2024 | Drugs | Under investigation | On or near Bank Road |
| Dec 2023 | Anti-social behaviour | On or near Bank Road |