£101,920
This estimated value is based upon the latest sale price for the house of £82,500 on 4 Oct 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £82,500 | 4 Oct 2019 |
| £39,000 | 27 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2019 the House Price Index for CUMBRIA was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £82,500 results in an estimated price of approximately £101,920.
| 4 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £82,500 | £19,420 | £101,920 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | 42.211 % | £34,824 | £117,324 |
| 3 Month Average | 11.982 % | £9,885 | £92,385 |
| 6 Month Average | 5.274 % | £4,351 | £86,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £111,716 | £110,000 | 67 MARKET STREET |
| 15 Dec 2023 | £134,121 | £130,000 | 14 LONSDALE ROAD |
| 8 Dec 2023 | £81,504 | £79,000 | 46 LONSDALE ROAD |
| 15 Nov 2023 | £138,516 | £135,000 | 6 LANCASHIRE ROAD |
| 20 Oct 2023 | £61,394 | £60,000 | 23 MARKET STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 22 Aug 2019. Using an estimated price of £101,921 means this house is valued at £1,132 per sq meter (£105 per sq foot).
The average size of a house on LONSDALE ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Market Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Albert Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Street |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lancashire Road |