£88,295
This estimated value is based upon the latest sale price for the house of £72,000 on 1 Oct 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £72,000 | 1 Oct 2019 |
| £68,000 | 12 Nov 2010 |
| £51,000 | 3 Jul 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 790 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 October 2019 the House Price Index for CUMBRIA was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £72,000 results in an estimated price of approximately £88,295.
| 1 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £72,000 | £16,295 | £88,295 |
The Postcode Pricing Model uses changes in average sales price within the CA1 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 | 2.895 % | £2,084 | £74,084 |
| 3 Month Average | -0.184 % | £-132 | £71,867 |
| 6 Month Average | 3.983 % | £2,867 | £74,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £122,137 | £120,000 | 66 LIGHTFOOT DRIVE |
| 22 Sep 2023 | £81,100 | £80,063 | 46 LIGHTFOOT DRIVE |
| 6 Sep 2023 | £101,295 | £100,000 | 38 LIGHTFOOT DRIVE |
| 10 Jan 2023 | £60,714 | £61,000 | 63 WELSH ROAD |
| 31 Aug 2022 | £109,705 | £110,000 | 6 HARRIS CRESCENT |
This house has a floor area of 73 sq meters or 790 sq feet when measured on 27 Jan 2010. Using an estimated price of £88,295 means this house is valued at £1,201 per sq meter (£111 per sq foot).
There is one other house on the street which we know the size of, this is 7 SEMPLE ROAD it is 76.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Semple Road |
| Mar 2024 | Anti-social behaviour | On or near Semple Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Semple Road |