£166,126
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Aug 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £135,000 | 21 Aug 2019 |
| £40,000 | 31 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 2019 the House Price Index for CUMBRIA was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £135,000 results in an estimated price of approximately £166,126.
| 21 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £135,000 | £31,126 | £166,126 |
The Postcode Pricing Model uses changes in average sales price within the CA16 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 | -23.196 % | £-31,314 | £103,685 |
| 3 Month Average | 7.946 % | £10,726 | £145,726 |
| 6 Month Average | 16.710 % | £22,558 | £157,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £530,000 | £530,000 | APARTMENT, 1A WESTMORLAND RISE |
| 23 Nov 2023 | £197,930 | £195,000 | 6 ROMANY WAY |
| 5 Sep 2023 | £136,748 | £135,000 | 8 WESTMORLAND PLACE |
| 18 Aug 2023 | £242,118 | £240,000 | 15 WESTMORLAND RISE |
| 31 Jul 2023 | £425,730 | £420,000 | 5 FRIARY PARK |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 20 Aug 2019. Using an estimated price of £166,126 means this house is valued at £1,297 per sq meter (£120 per sq foot).
The average size of a house on LONG MARTON ROAD is 115 sq meters (1,244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Long Marton Road |
| Feb 2024 | Public order | Under investigation | On or near Romany Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Romany Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Drugs | Under investigation | On or near Westmorland Place |