£940,040
This estimated value is based upon the latest sale price for the house of £550,000 on 27 Mar 2012. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£550,000 | 27 Mar 2012 |
£455,000 | 9 Jun 2005 |
Semi-Detached |
Freehold |
Floor Area: 235 sq meters or 2,531 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 March 2012 the House Price Index for CUMBRIA was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £550,000 results in an estimated price of approximately £940,040.
27 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 148.6 | 70.916 % | £550,000 | £390,040 | £940,040 |
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 | 47.746 % | £262,602 | £812,602 |
3 Month Average | 39.237 % | £215,801 | £765,801 |
6 Month Average | 42.131 % | £231,720 | £781,720 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £254,452 | £250,000 | 1 WEST GROVE |
28 Jul 2023 | £145,965 | £144,000 | 6 FELLSIDE COURT |
3 Jul 2023 | £544,833 | £537,500 | BEECH HILL HOUSE QUEENS ROAD |
16 Feb 2023 | £137,907 | £138,000 | 8 FELLSIDE COURT |
15 Feb 2023 | £232,843 | £233,000 | 8 SPRING GARDENS |
This house has a floor area of 235 sq meters or 2,531 sq feet when measured on 16 Jan 2012. Using an estimated price of £940,040 means this house is valued at £3,997 per sq meter (£371 per sq foot).
The average size of a house on QUEENS ROAD is 340 sq meters (3,666 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Serpentine Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Serpentine Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near South View Lane |
Mar 2024 | Burglary | Under investigation | On or near South View Lane |