£291,694
This estimated value is based upon the latest sale price for the house of £53,000 on 18 Jul 1996. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £53,000 | 18 Jul 1996 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 1996 the House Price Index for CUMBRIA was 26.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 450.366%.Applying this 450.366% change to the original purchase price of £53,000 results in an estimated price of approximately £291,694.
| 18 Jul 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 146.7 | 450.366 % | £53,000 | £238,694 | £291,694 |
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 | 920.187 % | £487,699 | £540,699 |
| 3 Month Average | 457.175 % | £242,302 | £295,302 |
| 6 Month Average | 378.543 % | £200,627 | £253,627 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 11 Aug 2015.
The average size of a house on FARADAY ROAD is 113 sq meters (1,220 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Market Street |
| Dec 2023 | Drugs | Local resolution | On or near Market Street |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Croft Street |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Croft Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croft Street |