£156,576
This estimated value is based upon the latest sale price for the house of £130,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £130,000 | 6 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 March 2020 the House Price Index for CUMBRIA was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £130,000 results in an estimated price of approximately £156,576.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £130,000 | £26,576 | £156,576 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 38.417 % | £49,942 | £179,942 |
| 3 Month Average | 18.188 % | £23,644 | £153,644 |
| 6 Month Average | -0.057 % | £-73 | £129,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £273,311 | £270,000 | 1 LONSDALE PLACE |
| 28 Apr 2023 | £210,264 | £208,000 | 24 LOOP ROAD NORTH |
| 21 Apr 2023 | £109,681 | £108,500 | 17 THE CRESCENT |
| 22 Mar 2023 | £104,989 | £104,000 | 14 ROWANTREE CLOSE |
| 13 Oct 2022 | £123,668 | £125,000 | 11 THE CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Oct 2019. Using an estimated price of £156,577 means this house is valued at £1,779 per sq meter (£165 per sq foot).
The average size of a house on NEW ROAD is 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Public order | Offender given a caution | On or near Mona Road |