£57,248
This estimated value is based upon the latest sale price for the house of £46,000 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £46,000 | 1 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 March 2019 the House Price Index for CUMBRIA was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £46,000 results in an estimated price of approximately £57,248.
| 1 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £46,000 | £11,248 | £57,248 |
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 | 75.237 % | £34,608 | £80,608 |
| 3 Month Average | 52.773 % | £24,275 | £70,275 |
| 6 Month Average | 22.616 % | £10,403 | £56,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £62,500 | £62,500 | 27 OXFORD STREET |
| 22 Mar 2024 | £71,092 | £70,000 | 28 OXFORD STREET |
| 6 Sep 2023 | £73,623 | £72,000 | 15 OXFORD STREET |
| 24 Aug 2023 | £117,112 | £115,000 | 34 DEVONSHIRE ROAD |
| 8 Aug 2023 | £112,020 | £110,000 | 18 DEVONSHIRE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 27 Sep 2017. Using an estimated price of £57,249 means this house is valued at £867 per sq meter (£80 per sq foot).
The average size of a house on SURREY STREET is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Surrey Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Surrey Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Argyle Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Argyle Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Argyle Street |