£227,042
This estimated value is based upon the latest sale price for the house of £216,500 on 3 Feb 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £216,500 | 3 Feb 2022 |
| £101,000 | 19 May 2017 |
| £40,000 | 1 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2022 the House Price Index for CUMBRIA was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £216,500 results in an estimated price of approximately £227,042.
| 3 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £216,500 | £10,542 | £227,042 |
The Postcode Pricing Model uses changes in average sales price within the CA8 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 | -12.457 % | £-26,968 | £189,531 |
| 3 Month Average | 3.959 % | £8,571 | £225,071 |
| 6 Month Average | -1.877 % | £-4,064 | £212,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £101,781 | £100,000 | 10 LOW CROSS STREET |
| 3 Nov 2023 | £130,441 | £128,510 | 9 CARRICKS YARD |
| 8 Sep 2023 | £96,230 | £95,000 | 59 MAIN STREET |
| 9 Mar 2023 | £64,104 | £63,500 | 56 MAIN STREET |
| 27 Jul 2022 | £80,216 | £80,000 | 43 MAIN STREET |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 10 Nov 2021. Using an estimated price of £227,042 means this house is valued at £1,410 per sq meter (£131 per sq foot).
The average size of a house on FRONT STREET is 123 sq meters (1,330 sq feet).
This house is the largest in the street with a floor area of 161 sq meters (1,732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chandlers Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Lane |
| Jan 2024 | Burglary | Under investigation | On or near Church Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Low Cross Street |
| Feb 2024 | Burglary | Under investigation | On or near Front Street |