£158,152
This estimated value is based upon the latest sale price for the house of £122,000 on 19 May 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£122,000 | 19 May 2017 |
£112,000 | 28 Nov 2014 |
£117,000 | 5 Apr 2013 |
£30,500 | 15 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 548 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 May 2017 the House Price Index for CUMBRIA was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £122,000 results in an estimated price of approximately £158,152.
19 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £122,000 | £36,152 | £158,152 |
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 | 1.288 % | £1,571 | £123,571 |
3 Month Average | 27.229 % | £33,219 | £155,219 |
6 Month Average | 22.213 % | £27,100 | £149,100 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £761,703 | £750,000 | MINT COTTAGE GILTHWAITERIGG LANE |
5 Mar 2024 | £282,338 | £278,000 | 1 HUNTERS CROFT |
15 Dec 2023 | £286,813 | £278,000 | 119 APPLEBY ROAD |
4 Sep 2023 | £409,016 | £400,000 | GILTHWAITERIGG FARM GILTHWAITERIGG LANE |
9 Jun 2023 | £357,157 | £350,000 | 1 MINT BRIDGE ROAD |
This house has a floor area of 50 sq meters or 548 sq feet when measured on 24 Mar 2011. Using an estimated price of £158,152 means this house is valued at £3,105 per sq meter (£288 per sq foot).
The average size of a house on SHAP ROAD is 117 sq meters (1,266 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (548 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Hunters Croft |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Hunters Croft |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Hunters Croft |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Hunters Croft |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Hunters Croft |