£119,235
This estimated value is based upon the latest sale price for the house of £72,000 on 20 Sep 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £72,000 | 20 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2013 the House Price Index for CUMBRIA was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £72,000 results in an estimated price of approximately £119,235.
| 20 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £72,000 | £47,235 | £119,235 |
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 | 11.543 % | £8,311 | £80,311 |
| 3 Month Average | 32.485 % | £23,388 | £95,388 |
| 6 Month Average | 33.999 % | £24,479 | £96,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £100,000 | £100,000 | 86 QUEEN STREET |
| 15 Mar 2024 | £131,978 | £129,950 | 20 HIGHFIELD ROAD |
| 19 Dec 2023 | £100,075 | £97,000 | 32 NEWBY TERRACE |
| 15 Dec 2023 | £114,519 | £111,000 | 75 QUEEN STREET |
| 15 Dec 2023 | £121,225 | £117,500 | 55 QUEEN STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 3 Apr 2013. Using an estimated price of £119,236 means this house is valued at £1,863 per sq meter (£173 per sq foot).
The average size of a house on HIGHFIELD ROAD is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Queen Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Street |
| Jul 2024 | Burglary | Under investigation | On or near Reservoir Street |
| Jun 2024 | Anti-social behaviour | On or near Reservoir Street |