£131,578
This estimated value is based upon the latest sale price for the house of £110,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £110,000 | 11 Sep 2020 |
| £90,000 | 31 Jul 2014 |
| £89,950 | 29 Apr 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2020 the House Price Index for CUMBRIA was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £110,000 results in an estimated price of approximately £131,578.
| 11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £110,000 | £21,578 | £131,578 |
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 | -21.374 % | £-23,511 | £86,488 |
| 3 Month Average | 7.098 % | £7,807 | £117,807 |
| 6 Month Average | 15.888 % | £17,476 | £127,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £350,779 | £340,000 | 8 FIELD HOUSE GARDENS |
| 27 Jan 2023 | £158,423 | £158,000 | 3 WATSON TERRACE |
| 25 Nov 2022 | £67,684 | £68,000 | 94 SCOTLAND ROAD |
| 24 Oct 2022 | £164,451 | £165,000 | 2 DROVERS LANE |
| 9 Jun 2022 | £92,732 | £90,750 | 14 SCOTLAND ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Feb 2013. Using an estimated price of £131,579 means this house is valued at £2,088 per sq meter (£194 per sq foot).
There is one other house on the street which we know the size of, this is 4 CROSS LANE it is 55.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cross Lane |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cross Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cross Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Lane |
| Jun 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Cross Lane |