£218,424
This estimated value is based upon the latest sale price for the house of £160,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£160,000 | 5 Feb 2016 |
£115,000 | 14 Mar 2003 |
£56,000 | 6 Oct 2000 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 February 2016 the House Price Index for CUMBRIA was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £160,000 results in an estimated price of approximately £218,424.
5 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 148.6 | 36.515 % | £160,000 | £58,424 | £218,424 |
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 | 71.890 % | £115,023 | £275,023 |
3 Month Average | 35.524 % | £56,837 | £216,837 |
6 Month Average | 27.321 % | £43,714 | £203,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £176,544 | £175,000 | 6 MUSGRAVE STREET |
28 Jul 2023 | £128,733 | £127,000 | FLAT 2 ASHLEY COURT ALEXANDRA ROAD |
28 Jul 2023 | £202,729 | £200,000 | 8 UNION TERRACE |
7 Jul 2023 | £192,592 | £190,000 | 3 ALEXANDRA ROAD |
16 Mar 2023 | £246,321 | £244,000 | 5 ALEXANDRA ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 18 Feb 2015. Using an estimated price of £218,424 means this house is valued at £1,835 per sq meter (£170 per sq foot).
The average size of a house on MUSGRAVE STREET is 118 sq meters (1,277 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilwilly Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Musgrave Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near B5288 |
Mar 2024 | Vehicle crime | Under investigation | On or near Sports/Recreation Area |
Jan 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |