£395,283
This estimated value is based upon the latest sale price for the house of £215,000 on 7 Jul 2005. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £215,000 | 7 Jul 2005 |
| £80,000 | 18 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2005 the House Price Index for CUMBRIA was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £215,000 results in an estimated price of approximately £395,283.
| 7 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £215,000 | £180,283 | £395,283 |
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 | 102.023 % | £219,349 | £434,349 |
| 3 Month Average | 46.278 % | £99,498 | £314,498 |
| 6 Month Average | 48.656 % | £104,610 | £319,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £514,501 | £510,000 | AYCLIFFE BEACON STREET |
| 10 Jul 2023 | £375,048 | £370,000 | ROSEACRE WORDSWORTH STREET |
| 23 Jun 2023 | £409,966 | £405,000 | HEATHFIELD CROFT TERRACE |
| 21 Apr 2023 | £495,333 | £490,000 | BURLISH BEACON EDGE |
| 6 Apr 2023 | £323,483 | £320,000 | 32 LOWTHER STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 8 Jan 2015. Using an estimated price of £395,283 means this house is valued at £4,117 per sq meter (£382 per sq foot).
The average size of a house on BEACON EDGE is 155 sq meters (1,669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croft Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Croft Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Croft Terrace |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Croft Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beacon Street |