£157,351
This estimated value is based upon the latest sale price for the house of £120,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £120,000 | 16 Dec 2016 |
| Freehold |
| Floor Area: 31 sq meters or 333 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 December 2016 the House Price Index for CUMBRIA was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £120,000 results in an estimated price of approximately £157,351.
| 16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £120,000 | £37,351 | £157,351 |
The Postcode Pricing Model uses changes in average sales price within the CA8 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 | 35.696 % | £42,834 | £162,834 |
| 3 Month Average | 24.345 % | £29,214 | £149,214 |
| 6 Month Average | 13.148 % | £15,777 | £135,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £101,781 | £100,000 | 10 LOW CROSS STREET |
| 29 Nov 2023 | £111,653 | £110,000 | 28 - 30 HIGH CROSS STREET |
| 8 Sep 2023 | £96,230 | £95,000 | 59 MAIN STREET |
| 27 Jul 2023 | £69,941 | £69,000 | 1 HIGH CROSS STREET |
| 10 Jul 2023 | £162,183 | £160,000 | 2 OLD BLACKSMITHS SHOP HOWARD ARMS LANE |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 14 Nov 2012. Using an estimated price of £157,352 means this house is valued at £5,075 per sq meter (£471 per sq foot).
The average size of a house on BECK LANE is 60 sq meters (652 sq feet).
This house is the smallest in the street with a floor area of 31 sq meters (333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armstrong Court |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Howard Arms Lane |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Main Court |
| Feb 2024 | Burglary | Under investigation | On or near Front Street |
| Feb 2024 | Anti-social behaviour | On or near Main Court |