£705,850
This estimated value is based upon the latest sale price for the house of £475,000 on 16 Jan 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£475,000 | 16 Jan 2015 |
Detached |
Freehold |
Floor Area: 199 sq meters or 2,142 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 £475,000 results in an estimated price of approximately £705,850.
16 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 148.6 | 48.600 % | £475,000 | £230,850 | £705,850 |
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 | 56.807 % | £269,834 | £744,834 |
3 Month Average | 24.339 % | £115,609 | £590,609 |
6 Month Average | 34.145 % | £162,186 | £637,186 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £230,000 | £230,000 | 2 JAMIESON PLACE |
3 Nov 2023 | £659,768 | £650,000 | SKEWBARROW TOP HIGH TENTERFELL |
3 Jul 2023 | £544,833 | £537,500 | BEECH HILL HOUSE QUEENS ROAD |
28 Apr 2023 | £225,427 | £223,000 | 9 ROSEMARY LANE |
15 Feb 2023 | £232,843 | £233,000 | 8 SPRING GARDENS |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 4 Mar 2014. Using an estimated price of £705,850 means this house is valued at £3,546 per sq meter (£329 per sq foot).
The average size of a house on QUEENS ROAD is 340 sq meters (3,666 sq feet).
This house is the smallest in the street with a floor area of 199 sq meters (2,142 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Serpentine Road |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Serpentine Road |