£171,255
This estimated value is based upon the latest sale price for the house of £99,000 on 18 Feb 2011. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£99,000 | 18 Feb 2011 |
£79,000 | 14 Jan 2005 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 952 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 February 2011 the House Price Index for CUMBRIA was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £99,000 results in an estimated price of approximately £171,255.
18 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 72.985 % | £99,000 | £72,255 | £171,255 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 6.525 % | £6,459 | £105,459 |
3 Month Average | 40.151 % | £39,749 | £138,749 |
6 Month Average | 42.588 % | £42,161 | £141,161 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £112,971 | £109,500 | 16 WARWICK STREET |
27 Sep 2023 | £45,503 | £44,500 | 14 CRAGG STREET |
4 Aug 2023 | £134,934 | £132,500 | 15 WEST VIEW ROAD |
19 Jul 2022 | £65,658 | £65,000 | 16 CRAGG STREET |
8 Apr 2022 | £107,373 | £103,500 | 9 WARWICK STREET |
This house has a floor area of 88 sq meters or 952 sq feet when measured on 8 Oct 2009. Using an estimated price of £171,255 means this house is valued at £1,934 per sq meter (£179 per sq foot).
The average size of a house on WARWICK STREET is 92 sq meters (996 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Cragg Street |
Jul 2024 | Drugs | Awaiting court outcome | On or near Cragg Street |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Cragg Street |
Jun 2024 | Drugs | Local resolution | On or near Cragg Street |
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cragg Street |