£62,978
This estimated value is based upon the latest sale price for the house of £51,000 on 21 Sep 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £51,000 | 21 Sep 2018 |
| £48,000 | 24 Jun 2004 |
| £18,500 | 17 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 September 2018 the House Price Index for CUMBRIA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £51,000 results in an estimated price of approximately £62,978.
| 21 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £51,000 | £11,978 | £62,978 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 43.728 % | £22,301 | £73,301 |
| 3 Month Average | -0.015 % | £-7 | £50,992 |
| 6 Month Average | 1.009 % | £514 | £51,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £61,068 | £60,000 | 18 GOLDSMITH STREET |
| 8 Dec 2023 | £50,890 | £50,000 | 17 BYRON STREET |
| 5 Jul 2023 | £45,614 | £45,000 | 35 WORDSWORTH STREET |
| 27 Apr 2023 | £90,980 | £90,000 | 52 BYRON STREET |
| 6 Apr 2023 | £66,718 | £66,000 | 14 BYRON STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 25 Feb 2019. Using an estimated price of £62,978 means this house is valued at £1,067 per sq meter (£99 per sq foot).
The average size of a house on BYRON STREET is 71 sq meters (767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Goldsmith Street |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Goldsmith Street |
| Mar 2024 | Other theft | Under investigation | On or near Goldsmith Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goldsmith Street |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Goldsmith Street |