£89,339
This estimated value is based upon the latest sale price for the house of £72,500 on 21 Nov 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £72,500 | 21 Nov 2018 |
| £78,000 | 10 Aug 2012 |
| £82,000 | 2 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 6 sq meters or 66 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 2018 the House Price Index for CUMBRIA was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £72,500 results in an estimated price of approximately £89,339.
| 21 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £72,500 | £16,839 | £89,339 |
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 | 58.449 % | £42,375 | £114,875 |
| 3 Month Average | 11.394 % | £8,260 | £80,760 |
| 6 Month Average | 15.307 % | £11,097 | £83,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £89,939 | £90,000 | 13 GREAT DOCKRAY |
| 3 Feb 2023 | £155,645 | £155,750 | 8 FALLOWFIELD COURT |
| 26 Jan 2023 | £139,344 | £140,000 | 14 WEST LANE |
| 7 Apr 2022 | £125,635 | £122,000 | 2 MERCHANT HOUSE TWO LIONS SQUARE |
| 7 Apr 2022 | £144,172 | £140,000 | 6 ENGUARD HOUSE CHAMPION WAY |
This house has a floor area of 6 sq meters or 66 sq feet when measured on 14 Dec 2009. Using an estimated price of £89,339 means this house is valued at £14,363 per sq meter (£1,334 per sq foot).
The average size of a house on WEST LANE is 61 sq meters (659 sq feet).
This house is the smallest in the street with a floor area of 6 sq meters (66 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Local resolution | On or near Two Lions Square |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Two Lions Square |
| Apr 2024 | Shoplifting | Under investigation | On or near Two Lions Square |
| Apr 2024 | Shoplifting | Under investigation | On or near Two Lions Square |
| Apr 2024 | Shoplifting | Under investigation | On or near Two Lions Square |