£103,697
This estimated value is based upon the latest sale price for the house of £76,000 on 15 Apr 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£76,000 | 15 Apr 2016 |
£54,000 | 14 May 2004 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 936 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 April 2016 the House Price Index for CUMBRIA was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £76,000 results in an estimated price of approximately £103,697.
15 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £76,000 | £27,697 | £103,697 |
The Postcode Pricing Model uses changes in average sales price within the CA26 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 | 86.940 % | £66,074 | £142,074 |
3 Month Average | 183.739 % | £139,641 | £215,641 |
6 Month Average | 35.312 % | £26,837 | £102,837 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £37,324 | £37,000 | 2 MILL STREET |
28 Mar 2024 | £76,678 | £75,500 | 145 MAIN STREET |
21 Nov 2023 | £34,373 | £33,500 | 15 MILL STREET |
21 Nov 2023 | £34,373 | £33,500 | 22 MILL STREET |
21 Nov 2023 | £34,373 | £33,500 | 14 MILL STREET |
This house has a floor area of 86 sq meters or 936 sq feet when measured on 5 Nov 2011. Using an estimated price of £103,698 means this house is valued at £1,192 per sq meter (£110 per sq foot).
The average size of a house on GRIFFIN CLOSE is 93 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Griffin Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Griffin Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Griffin Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Griffin Close |
May 2024 | Other crime | Further investigation is not in the public interest | On or near Griffin Close |