£170,586
This estimated value is based upon the latest sale price for the house of £138,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£138,000 | 31 May 2019 |
£109,000 | 13 Mar 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 May 2019 the House Price Index for CUMBRIA was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £138,000 results in an estimated price of approximately £170,586.
31 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £138,000 | £32,586 | £170,586 |
The Postcode Pricing Model uses changes in average sales price within the LA23 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 | 105.633 % | £145,773 | £283,773 |
3 Month Average | 38.599 % | £53,266 | £191,266 |
6 Month Average | 34.209 % | £47,207 | £185,207 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £271,012 | £267,000 | 5 BIRCH STREET |
10 Jul 2023 | £278,752 | £275,000 | 14 HOLLY TERRACE |
22 Jun 2023 | £404,905 | £400,000 | 10 CROSS STREET |
18 Jan 2023 | £223,945 | £225,000 | FLAT 2 HAZELHURST HAZEL STREET |
5 Aug 2022 | £239,356 | £240,000 | FLAT 3 HAZELHURST HAZEL STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 3 Oct 2014. Using an estimated price of £170,587 means this house is valued at £3,344 per sq meter (£310 per sq foot).
The average size of a house on ORREST DRIVE FLATS is 62 sq meters (673 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Havelock Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Havelock Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Havelock Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Havelock Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Havelock Road |