£151,406
This estimated value is based upon the latest sale price for the house of £67,950 on 7 Nov 2003. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£67,950 | 7 Nov 2003 |
£42,500 | 20 Oct 2000 |
Semi-Detached |
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 November 2003 the House Price Index for CUMBRIA was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £67,950 results in an estimated price of approximately £151,406.
7 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 149.7 | 122.820 % | £67,950 | £83,456 | £151,406 |
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 | 93.560 % | £63,573 | £131,523 |
3 Month Average | 170.694 % | £115,986 | £183,936 |
6 Month Average | 172.711 % | £117,357 | £185,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £147,263 | £145,000 | 6 WILLOW ROAD |
21 Sep 2023 | £142,133 | £139,000 | 22 CEDAR ROAD |
6 Jun 2023 | £68,880 | £67,500 | 4 LIME STREET |
27 Mar 2023 | £122,038 | £120,000 | 31 PINE ROAD |
28 Oct 2022 | £145,514 | £146,000 | 63 CEDAR ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 14 Apr 2017. Using an estimated price of £151,406 means this house is valued at £2,102 per sq meter (£195 per sq foot).
The average size of a house on WILLOW ROAD is 80 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Road |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Road |
Jun 2024 | Other crime | Unable to prosecute suspect | On or near Beech Street |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Elm Road |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Elm Road |