£234,331
This estimated value is based upon the latest sale price for the house of £184,500 on 15 Aug 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £184,500 | 15 Aug 2017 |
| £49,000 | 22 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 August 2017 the House Price Index for CUMBRIA was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £184,500 results in an estimated price of approximately £234,331.
| 15 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £184,500 | £49,831 | £234,331 |
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 | 35.277 % | £65,085 | £249,585 |
| 3 Month Average | 15.465 % | £28,532 | £213,032 |
| 6 Month Average | 18.621 % | £34,356 | £218,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £159,937 | £158,000 | 8 EAMONT MEWS |
| 13 Sep 2022 | £218,238 | £220,000 | 8 CUMBERLAND PLACE |
| 15 Jul 2022 | £175,472 | £175,000 | 28 PRINCE CHARLES CLOSE |
| 15 Feb 2022 | £235,956 | £225,000 | 7 CUMBERLAND PLACE |
| 4 Feb 2022 | £173,035 | £165,000 | 10 CUMBERLAND PLACE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 11 May 2017. Using an estimated price of £234,331 means this house is valued at £3,971 per sq meter (£368 per sq foot).
The average size of a house on CUMBERLAND PLACE is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cumberland Place |
| Feb 2024 | Drugs | Under investigation | On or near Prince Charles Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prince Charles Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mary Langley Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carleton Hall Walk |