£214,750
This estimated value is based upon the latest sale price for the house of £125,000 on 1 May 2012. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £125,000 | 1 May 2012 |
| £140,000 | 28 Mar 2008 |
| £112,000 | 6 Sep 2005 |
| £115,000 | 22 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2012 the House Price Index for CUMBRIA was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £125,000 results in an estimated price of approximately £214,750.
| 1 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £125,000 | £89,750 | £214,750 |
The Postcode Pricing Model uses changes in average sales price within the CA11 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 | 50.956 % | £63,695 | £188,695 |
| 3 Month Average | 22.805 % | £28,506 | £153,506 |
| 6 Month Average | 32.704 % | £40,879 | £165,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £272,365 | £270,000 | APARTMENT 5 PELE COURT FRIARGATE |
| 10 Nov 2023 | £159,037 | £155,000 | 4 OLD LONDON ROAD |
| 20 Oct 2023 | £138,137 | £135,000 | 6 OLD LONDON ROAD |
| 17 Aug 2023 | £86,561 | £85,000 | NORTH FRIARAGE FRIARGATE |
| 10 Aug 2023 | £54,992 | £54,000 | 8 LANGTON COURT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 20 Aug 2021. Using an estimated price of £214,750 means this house is valued at £3,904 per sq meter (£362 per sq foot).
The average size of a house on CROWN TERRACE is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near King Street |
| Jun 2024 | Drugs | Under investigation | On or near King Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |