£113,573
This estimated value is based upon the latest sale price for the house of £75,000 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Chapel Street
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Price Paid | Date |
---|---|
£75,000 | 22 Aug 2014 |
£34,000 | 31 May 2002 |
£33,500 | 14 Aug 1998 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 927 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 August 2014 the House Price Index for CUMBRIA was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £75,000 results in an estimated price of approximately £113,573.
22 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £75,000 | £38,573 | £113,573 |
The Postcode Pricing Model uses changes in average sales price within the LA15 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 | 12.202 % | £9,151 | £84,151 |
3 Month Average | 40.247 % | £30,185 | £105,185 |
6 Month Average | 28.617 % | £21,462 | £96,462 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £350,000 | £350,000 | THE KILN HOUSE NELSON STREET |
19 Jun 2023 | £60,736 | £60,000 | 55 CHAPEL STREET |
31 Mar 2023 | £146,379 | £145,000 | 20 NELSON STREET |
24 Feb 2023 | £114,923 | £115,000 | 28 FELL CROFT |
23 Jan 2023 | £134,367 | £135,000 | 17 WELLINGTON STREET |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 11 Feb 2010. Using an estimated price of £113,574 means this house is valued at £1,318 per sq meter (£122 per sq foot).
The average size of a house on CHAPEL STREET is 98 sq meters (1,062 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Chapel Street |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Rawlinson Street |
Jan 2024 | Possession of weapons | Under investigation | On or near Rawlinson Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Street |