£117,561
This estimated value is based upon the latest sale price for the house of £90,700 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £90,700 | 3 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2017 the House Price Index for CUMBRIA was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £90,700 results in an estimated price of approximately £117,561.
| 3 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £90,700 | £26,861 | £117,561 |
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 | 24.907 % | £22,590 | £113,290 |
| 3 Month Average | 22.571 % | £20,471 | £111,171 |
| 6 Month Average | 20.029 % | £18,166 | £108,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £187,524 | £185,000 | 2 MORPETH CLOSE |
| 20 Jan 2023 | £169,203 | £170,000 | 134 DACRE ROAD |
| 12 Jan 2023 | £154,273 | £155,000 | 30 STANLEY ROAD |
| 8 Apr 2022 | £133,205 | £129,350 | 21 STANLEY ROAD |
| 25 Mar 2022 | £139,895 | £135,000 | 29 STANLEY ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Jan 2017. Using an estimated price of £117,562 means this house is valued at £1,264 per sq meter (£117 per sq foot).
The average size of a house on STANLEY ROAD is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanley Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanley Road |
| Mar 2024 | Anti-social behaviour | On or near Stanley Road | |
| Mar 2024 | Anti-social behaviour | On or near Stanley Road | |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Stanley Road |