£339,749
This estimated value is based upon the latest sale price for the house of £260,000 on 31 Jan 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£260,000 | 31 Jan 2017 |
£120,000 | 8 May 2002 |
£125,000 | 27 Mar 1998 |
Terraced |
Freehold |
Floor Area: 369 sq meters or 3,971 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 January 2017 the House Price Index for CUMBRIA was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £260,000 results in an estimated price of approximately £339,749.
31 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £260,000 | £79,749 | £339,749 |
The Postcode Pricing Model uses changes in average sales price within the CA14 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 | 109.809 % | £285,504 | £545,504 |
3 Month Average | 10.316 % | £26,822 | £286,822 |
6 Month Average | 17.092 % | £44,438 | £304,438 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £258,479 | £255,000 | 22 BANKLANDS |
9 Jun 2023 | £222,698 | £220,000 | 14 BANKLANDS |
26 Apr 2023 | £167,807 | £166,000 | 8 ENNERDALE AVENUE |
3 Apr 2023 | £80,871 | £80,000 | 31A BANKLANDS |
31 Mar 2023 | £130,732 | £129,500 | 10 BERWICK STREET |
This house has a floor area of 369 sq meters or 3,971 sq feet when measured on 16 May 2015. Using an estimated price of £339,750 means this house is valued at £920 per sq meter (£85 per sq foot).
The average size of a house on BANKLANDS is 190 sq meters (2,055 sq feet).
This house is the largest in the street with a floor area of 369 sq meters (3,971 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craig Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Grove |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Grove |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashton Street |