£72,503
This estimated value is based upon the latest sale price for the house of £50,000 on 16 Jul 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£50,000 | 16 Jul 2015 |
£19,000 | 27 Jul 2001 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 July 2015 the House Price Index for CUMBRIA was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £50,000 results in an estimated price of approximately £72,503.
16 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £50,000 | £22,503 | £72,503 |
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 | 61.003 % | £30,501 | £80,501 |
3 Month Average | 29.541 % | £14,770 | £64,770 |
6 Month Average | 24.796 % | £12,398 | £62,398 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £82,536 | £80,000 | 191 DEVONSHIRE ROAD |
25 Oct 2023 | £143,254 | £140,000 | 7 WASDALE ROAD |
3 Oct 2023 | £53,208 | £52,000 | 74 LORD STREET |
5 Apr 2023 | £75,410 | £74,000 | 69 HOPE STREET |
5 Apr 2023 | £86,620 | £85,000 | MILLWAY DEVONSHIRE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 May 2015. Using an estimated price of £72,503 means this house is valued at £823 per sq meter (£76 per sq foot).
The average size of a house on HOPE STREET is 83 sq meters (903 sq feet).
This house is the largest in the street with a floor area of 88 sq meters (947 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Devonshire Road | |
Jun 2024 | Anti-social behaviour | On or near Devonshire Road | |
Jun 2024 | Anti-social behaviour | On or near Devonshire Road | |
May 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devonshire Road |