£74,608
This estimated value is based upon the latest sale price for the house of £31,500 on 22 May 2003. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £31,500 | 22 May 2003 |
| £24,750 | 10 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 484 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 2003 the House Price Index for CUMBRIA was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £31,500 results in an estimated price of approximately £74,608.
| 22 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £31,500 | £43,108 | £74,608 |
The Postcode Pricing Model uses changes in average sales price within the LA16 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 | 88.872 % | £27,994 | £59,494 |
| 3 Month Average | 129.507 % | £40,794 | £72,294 |
| 6 Month Average | 277.837 % | £87,518 | £119,018 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £126,878 | £125,000 | 108 STEEL STREET |
| 28 Jul 2023 | £112,514 | £111,000 | 88 SHARP STREET |
| 9 Jun 2023 | £404,905 | £400,000 | 50 TURNSTONE CRESCENT |
| 11 Aug 2022 | £59,839 | £60,000 | 78 STEEL STREET |
| 28 Jul 2022 | £343,926 | £343,000 | 44 TURNSTONE CRESCENT |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 15 Oct 2021. Using an estimated price of £74,608 means this house is valued at £1,657 per sq meter (£154 per sq foot).
The average size of a house on SHARP STREET is 77 sq meters (831 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (484 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Steel Street |
| Mar 2024 | Anti-social behaviour | On or near Steel Street | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Steel Street |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Steel Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Steel Street |