£202,236
This estimated value is based upon the latest sale price for the house of £140,500 on 16 Jul 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£140,500 | 16 Jul 2015 |
£47,000 | 29 Sep 2004 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2015 the House Price Index for CUMBRIA was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £140,500 results in an estimated price of approximately £202,236.
16 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £140,500 | £61,736 | £202,236 |
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 | 37.278 % | £52,375 | £192,875 |
3 Month Average | 31.483 % | £44,233 | £184,733 |
6 Month Average | 35.734 % | £50,206 | £190,706 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £181,589 | £180,000 | 50 CASTLE DRIVE |
18 Aug 2023 | £247,162 | £245,000 | 20 MAYBURGH AVENUE |
17 Jul 2023 | £169,785 | £167,500 | 10 TYNE CLOSE TERRACE |
13 Jul 2023 | £162,183 | £160,000 | 52 CASTLE DRIVE |
23 Jun 2023 | £169,048 | £167,000 | 40 WETHERIGGS RISE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 20 Jun 2014. Using an estimated price of £202,237 means this house is valued at £2,559 per sq meter (£237 per sq foot).
The average size of a house on WETHERIGGS RISE is 77 sq meters (836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Tyne Close Terrace |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Close Terrace |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Close Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Close Avenue |
Feb 2024 | Other crime | Unable to prosecute suspect | On or near Mayburgh Avenue |