£51,339
This estimated value is based upon the latest sale price for the house of £39,000 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£39,000 | 6 Jan 2017 |
£38,000 | 17 Jul 2006 |
£22,000 | 24 May 2002 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 January 2017 the House Price Index for CUMBRIA was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £39,000 results in an estimated price of approximately £51,339.
6 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £39,000 | £12,339 | £51,339 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | 17.076 % | £6,659 | £45,659 |
3 Month Average | -4.313 % | £-1,682 | £37,317 |
6 Month Average | 4.531 % | £1,767 | £40,767 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £111,716 | £110,000 | 44 - 46 QUEEN STREET |
23 Nov 2023 | £60,537 | £59,000 | 101 WELLINGTON STREET |
19 Oct 2023 | £95,161 | £93,000 | 87 NEWTON STREET |
5 Oct 2023 | £51,162 | £50,000 | 69 QUEEN STREET |
18 Aug 2023 | £52,955 | £52,000 | 28 NELSON STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 22 Nov 2016. Using an estimated price of £51,340 means this house is valued at £534 per sq meter (£49 per sq foot).
The average size of a house on NEWTON STREET is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Newton Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Newton Street |
May 2024 | Public order | Unable to prosecute suspect | On or near Newton Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Newton Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Newton Street |