£316,557
This estimated value is based upon the latest sale price for the house of £117,500 on 5 Sep 2002. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £117,500 | 5 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 September 2002 the House Price Index for CUMBRIA was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £117,500 results in an estimated price of approximately £316,557.
| 5 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £117,500 | £199,057 | £316,557 |
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 | 185.664 % | £218,155 | £335,655 |
| 3 Month Average | 141.643 % | £166,430 | £283,930 |
| 6 Month Average | 155.425 % | £182,624 | £300,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £213,740 | £210,000 | 80 STRAMONGATE |
| 9 Aug 2022 | £229,383 | £230,000 | 504 SAND AIRE HOUSE STRAMONGATE |
| 17 May 2022 | £117,209 | £115,000 | MARTINS COTTAGE YARD 44 STRAMONGATE |
| 17 Mar 2022 | £140,932 | £136,000 | 208 SAND AIRE HOUSE STRAMONGATE |
| 16 Dec 2021 | £241,060 | £225,000 | 511 SAND AIRE HOUSE STRAMONGATE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 11 Feb 2020. Using an estimated price of £316,557 means this house is valued at £4,655 per sq meter (£432 per sq foot).
The average size of a house on STRAMONGATE is 67 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stramongate |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stramongate |
| Mar 2024 | Anti-social behaviour | On or near Stramongate | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stramongate |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |