£112,096
This estimated value is based upon the latest sale price for the house of £110,000 on 5 Apr 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£110,000 | 5 Apr 2023 |
£84,000 | 30 Oct 2020 |
£33,350 | 24 Aug 1998 |
£37,000 | 6 Sep 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 April 2023 the House Price Index for CUMBRIA was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £110,000 results in an estimated price of approximately £112,096.
5 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £110,000 | £2,096 | £112,096 |
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 | 26.149 % | £28,764 | £138,764 |
3 Month Average | -8.458 % | £-9,303 | £100,696 |
6 Month Average | -7.199 % | £-7,919 | £102,080 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £65,000 | £65,000 | 2 NORFOLK PLACE |
25 Sep 2023 | £176,388 | £172,500 | 7 HOWARD STREET |
14 Apr 2023 | £94,773 | £93,000 | 9 NORFOLK PLACE |
5 Apr 2023 | £112,097 | £110,000 | 40 NORFOLK PLACE |
8 Nov 2022 | £248,836 | £250,000 | 3 NEWLANDS PLACE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 16 Jul 2020. Using an estimated price of £112,097 means this house is valued at £2,001 per sq meter (£185 per sq foot).
The average size of a house on NORFOLK PLACE is 67 sq meters (726 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Place |
Jun 2024 | Anti-social behaviour | On or near Myers Lane | |
Apr 2024 | Public order | Further investigation is not in the public interest | On or near Myers Lane |
Jul 2024 | Other theft | Under investigation | On or near Cross Street |
May 2024 | Drugs | Local resolution | On or near Cross Street |