£259,743
This estimated value is based upon the latest sale price for the house of £170,000 on 3 Jul 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £170,000 | 3 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2014 the House Price Index for CUMBRIA was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £170,000 results in an estimated price of approximately £259,743.
| 3 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £170,000 | £89,743 | £259,743 |
The Postcode Pricing Model uses changes in average sales price within the CA11 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 | 27.154 % | £46,162 | £216,162 |
| 3 Month Average | 18.963 % | £32,237 | £202,237 |
| 6 Month Average | 31.518 % | £53,581 | £223,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £229,007 | £225,000 | 8 BALMORAL CLOSE |
| 28 Jul 2023 | £202,729 | £200,000 | 8 UNION TERRACE |
| 14 Apr 2023 | £94,012 | £93,000 | 9 NORFOLK PLACE |
| 5 Apr 2023 | £111,197 | £110,000 | 40 NORFOLK PLACE |
| 14 Jul 2022 | £255,688 | £255,000 | 6 UNION TERRACE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Jan 2014. Using an estimated price of £259,744 means this house is valued at £3,764 per sq meter (£349 per sq foot).
The average size of a house on BALMORAL CLOSE is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near James Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near James Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilwilly Lane |