£387,846
This estimated value is based upon the latest sale price for the house of £261,000 on 5 Jan 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£261,000 | 5 Jan 2015 |
£250,000 | 28 Oct 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 716 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 January 2015 the House Price Index for CUMBRIA was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £261,000 results in an estimated price of approximately £387,846.
5 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 148.6 | 48.600 % | £261,000 | £126,846 | £387,846 |
The Postcode Pricing Model uses changes in average sales price within the CA12 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 | 69.443 % | £181,245 | £442,245 |
3 Month Average | 14.531 % | £37,926 | £298,926 |
6 Month Average | 9.469 % | £24,715 | £285,715 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Feb 2023 | £274,815 | £275,000 | 14B SOUTHEY STREET |
13 Feb 2023 | £369,751 | £370,000 | 39 SOUTHEY STREET |
3 Feb 2023 | £447,199 | £447,500 | 27 ST JOHNS STREET |
6 Jul 2022 | £340,918 | £340,000 | G W MCKANE & SON, 1 SOUTHEY YARD SOUTHEY STREET |
6 Jul 2022 | £110,297 | £110,000 | 2 SOUTHEY YARD |
This house has a floor area of 66 sq meters or 716 sq feet when measured on 19 May 2011. Using an estimated price of £387,846 means this house is valued at £5,828 per sq meter (£541 per sq foot).
The average size of a house on DERWENTWATER PLACE is 86 sq meters (936 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Street |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near St John'S Street |
Feb 2024 | Anti-social behaviour | On or near Church Street | |
Feb 2024 | Anti-social behaviour | On or near Church Street | |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Castlehead Close |