£173,082
This estimated value is based upon the latest sale price for the house of £122,000 on 11 Sep 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £122,000 | 11 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 September 2015 the House Price Index for CUMBRIA was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £122,000 results in an estimated price of approximately £173,082.
| 11 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £122,000 | £51,082 | £173,082 |
The Postcode Pricing Model uses changes in average sales price within the CA14 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 | 101.406 % | £123,715 | £245,715 |
| 3 Month Average | 23.766 % | £28,995 | £150,995 |
| 6 Month Average | 28.647 % | £34,949 | £156,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £127,125 | £125,500 | 14 JOHNSTON STREET |
| 25 Aug 2023 | £159,394 | £158,000 | 69 CORPORATION ROAD |
| 23 Jun 2023 | £101,226 | £100,000 | 62 CORPORATION ROAD |
| 14 Mar 2023 | £136,284 | £135,000 | 2 WORDSWORTH STREET |
| 24 Feb 2023 | £169,886 | £170,000 | 5 WORDSWORTH STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 8 May 2014. Using an estimated price of £173,082 means this house is valued at £1,784 per sq meter (£165 per sq foot).
The average size of a house on PARK LANE is 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Johnston Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Johnston Street |
| Mar 2024 | Anti-social behaviour | On or near Johnston Street | |
| Mar 2024 | Anti-social behaviour | On or near Johnston Street | |
| Mar 2024 | Anti-social behaviour | On or near Rydal Street |