£556,220
This estimated value is based upon the latest sale price for the house of £450,000 on 9 Sep 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£450,000 | 9 Sep 2019 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 September 2019 the House Price Index for CUMBRIA was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £450,000 results in an estimated price of approximately £556,220.
9 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £450,000 | £106,220 | £556,220 |
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 | -8.986 % | £-40,434 | £409,565 |
3 Month Average | -8.158 % | £-36,709 | £413,290 |
6 Month Average | 1.884 % | £8,477 | £458,477 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £422,998 | £410,000 | 62 ARTHUR STREET |
27 Oct 2023 | £460,458 | £450,000 | STANHILL NICHOLSON LANE |
6 Apr 2023 | £326,099 | £320,000 | 32 LOWTHER STREET |
1 Aug 2022 | £251,174 | £250,000 | 9 BEACON SQUARE |
21 Apr 2022 | £236,532 | £228,000 | 3 BEACON SQUARE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 8 May 2018. Using an estimated price of £556,221 means this house is valued at £4,485 per sq meter (£416 per sq foot).
The average size of a house on BEACON SQUARE is 129 sq meters (1,389 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beacon Square |
Jun 2024 | Drugs | Awaiting court outcome | On or near Hutton Gardens |
May 2024 | Drugs | Under investigation | On or near Hutton Gardens |
May 2024 | Drugs | Under investigation | On or near Hutton Gardens |
Apr 2024 | Public order | Under investigation | On or near Hutton Gardens |