£91,226
This estimated value is based upon the latest sale price for the house of £47,000 on 23 Aug 2004. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £47,000 | 23 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 908 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 August 2004 the House Price Index for CUMBRIA was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £47,000 results in an estimated price of approximately £91,226.
| 23 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £47,000 | £44,226 | £91,226 |
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 | 51.172 % | £24,051 | £71,051 |
| 3 Month Average | 96.275 % | £45,249 | £92,249 |
| 6 Month Average | 110.828 % | £52,089 | £99,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £59,950 | £59,950 | 4 BRADFORD STREET |
| 6 Mar 2024 | £126,950 | £125,000 | 22 GROSVENOR STREET |
| 9 Oct 2023 | £71,627 | £70,000 | 23 CHESTER STREET |
| 31 Aug 2023 | £132,388 | £130,000 | 19 MIDDLE FIELD |
| 18 Aug 2023 | £127,296 | £125,000 | 12 HAZEL GILL |
This house has a floor area of 84 sq meters or 908 sq feet when measured on 1 Jun 2009. Using an estimated price of £91,227 means this house is valued at £1,080 per sq meter (£100 per sq foot).
The average size of a house on MILL BANK is 126 sq meters (1,359 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Low White Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Low White Close |
| May 2024 | Anti-social behaviour | On or near Low White Close | |
| May 2024 | Anti-social behaviour | On or near Low White Close | |
| May 2024 | Anti-social behaviour | On or near Low White Close |