£252,206
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Aug 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£250,000 | 17 Aug 2023 |
£149,000 | 26 Mar 2008 |
£81,000 | 17 Sep 2001 |
£60,000 | 31 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 841 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 2023 the House Price Index for CUMBRIA was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £250,000 results in an estimated price of approximately £252,206.
17 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.3 | 148.6 | 0.883 % | £250,000 | £2,206 | £252,206 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 18.940 % | £47,348 | £297,348 |
3 Month Average | 15.711 % | £39,278 | £289,278 |
6 Month Average | 5.148 % | £12,870 | £262,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £319,080 | £315,000 | 11 WELL LANE |
18 Aug 2023 | £196,721 | £195,000 | 16 ALDWYCH TERRACE |
17 Aug 2023 | £252,206 | £250,000 | 2 PARK ROAD |
13 Jul 2023 | £201,715 | £199,000 | 1 PARK ROAD |
12 Apr 2023 | £183,981 | £182,000 | 13 PRIORY COURT |
This house has a floor area of 78 sq meters or 841 sq feet when measured on 31 Jul 2009. Using an estimated price of £252,206 means this house is valued at £3,225 per sq meter (£299 per sq foot).
The average size of a house on PARK ROAD is 100 sq meters (1,086 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Aldwych Terrace |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Aldwych Terrace |
Mar 2024 | Anti-social behaviour | On or near Priory Court | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Derwent Place |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lightburn Avenue |