£61,670
This estimated value is based upon the latest sale price for the house of £36,500 on 9 Apr 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£36,500 | 9 Apr 2013 |
£17,000 | 13 Jan 2003 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 April 2013 the House Price Index for CUMBRIA was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £36,500 results in an estimated price of approximately £61,670.
9 Apr 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.960 % | £36,500 | £25,170 | £61,670 |
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 | 13.982 % | £5,103 | £41,603 |
3 Month Average | 46.181 % | £16,856 | £53,356 |
6 Month Average | 43.295 % | £15,802 | £52,302 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £40,624 | £40,000 | 127 RAWLINSON STREET |
19 Dec 2023 | £51,585 | £50,000 | 126 SUTHERLAND STREET |
17 Oct 2023 | £127,905 | £125,000 | 21 DUMFRIES STREET |
8 Sep 2023 | £61,352 | £60,000 | 16 PENRITH STREET |
9 Jun 2023 | £58,166 | £57,000 | 5 PENRITH STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 21 Jan 2013. Using an estimated price of £61,671 means this house is valued at £920 per sq meter (£85 per sq foot).
The average size of a house on PENRITH STREET is 73 sq meters (790 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Mercer Street |
Jun 2024 | Drugs | Under investigation | On or near Mercer Street |
May 2024 | Anti-social behaviour | On or near Mercer Street | |
May 2024 | Anti-social behaviour | On or near Mercer Street | |
May 2024 | Anti-social behaviour | On or near Mercer Street |