£95,083
This estimated value is based upon the latest sale price for the house of £55,000 on 7 Oct 2011. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £55,000 | 7 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2011 the House Price Index for CUMBRIA was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £55,000 results in an estimated price of approximately £95,083.
| 7 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £55,000 | £40,083 | £95,083 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | 104.845 % | £57,664 | £112,664 |
| 3 Month Average | 26.623 % | £14,642 | £69,642 |
| 6 Month Average | 37.600 % | £20,680 | £75,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £88,127 | £87,000 | 10 LAPSTONE ROAD |
| 15 Sep 2023 | £57,485 | £56,750 | 70 LAPSTONE ROAD |
| 31 Mar 2023 | £201,902 | £200,000 | 5 ST GEORGES ROAD |
| 22 Mar 2023 | £151,427 | £150,000 | 58 LAPSTONE ROAD |
| 10 Feb 2023 | £34,976 | £35,000 | 9 ST GEORGES TERRACE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Aug 2011. Using an estimated price of £95,083 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on LAPSTONE ROAD is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near St George'S Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St George'S Terrace |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St George'S Terrace |
| Apr 2024 | Burglary | Under investigation | On or near Lapstone Road |
| Mar 2024 | Other theft | Awaiting court outcome | On or near Theatre/Concert Hall |