£75,647
This estimated value is based upon the latest sale price for the house of £20,000 on 12 May 2000. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£20,000 | 12 May 2000 |
£24,900 | 16 Sep 1996 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 799 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 May 2000 the House Price Index for CUMBRIA was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £20,000 results in an estimated price of approximately £75,647.
12 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 148.6 | 278.236 % | £20,000 | £55,647 | £75,647 |
The Postcode Pricing Model uses changes in average sales price within the LA16 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 | 170.447 % | £34,089 | £54,089 |
3 Month Average | 221.085 % | £44,216 | £64,216 |
6 Month Average | 484.547 % | £96,909 | £116,909 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £126,878 | £125,000 | 108 STEEL STREET |
28 Jul 2023 | £112,514 | £111,000 | 88 SHARP STREET |
9 Jun 2023 | £404,905 | £400,000 | 50 TURNSTONE CRESCENT |
11 Aug 2022 | £59,839 | £60,000 | 78 STEEL STREET |
28 Jul 2022 | £343,926 | £343,000 | 44 TURNSTONE CRESCENT |
This house has a floor area of 74 sq meters or 799 sq feet when measured on 18 Oct 2010. Using an estimated price of £75,647 means this house is valued at £1,018 per sq meter (£94 per sq foot).
The average size of a house on SHARP STREET is 77 sq meters (831 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Steel Street | |
Mar 2024 | Anti-social behaviour | On or near Steel Street | |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Steel Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Steel Street |
Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Steel Street |