£82,916
This estimated value is based upon the latest sale price for the house of £15,000 on 7 Oct 1996. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £15,000 | 7 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 740 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 October 1996 the House Price Index for CUMBRIA was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £15,000 results in an estimated price of approximately £82,916.
| 7 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 149.7 | 452.776 % | £15,000 | £67,916 | £82,916 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 236.060 % | £35,409 | £50,409 |
| 3 Month Average | 337.878 % | £50,681 | £65,681 |
| 6 Month Average | 334.776 % | £50,216 | £65,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £63,615 | £62,000 | 12 ROBERT STREET |
| 27 Oct 2023 | £38,883 | £38,000 | 28 JAMES STREET |
| 13 Oct 2023 | £51,162 | £50,000 | 58 JAMES STREET |
| 4 Oct 2023 | £53,720 | £52,500 | 41 JAMES STREET |
| 24 Mar 2023 | £50,849 | £50,000 | 43 JAMES STREET |
This house has a floor area of 68 sq meters or 740 sq feet when measured on 23 Dec 2010. Using an estimated price of £82,916 means this house is valued at £1,205 per sq meter (£111 per sq foot).
The average size of a house on ROBERT STREET is 65 sq meters (708 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Robert Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robert Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near James Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near James Street |
| May 2024 | Possession of weapons | Under investigation | On or near Allison Street |