£194,555
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£180,000 | 30 Jun 2021 |
£80,000 | 8 Feb 2017 |
Terraced |
Freehold |
Floor Area: 162 sq meters or 1,743 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 June 2021 the House Price Index for CUMBRIA was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £180,000 results in an estimated price of approximately £194,555.
30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £180,000 | £14,555 | £194,555 |
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 | -26.032 % | £-46,858 | £133,141 |
3 Month Average | -26.763 % | £-48,174 | £131,825 |
6 Month Average | -22.146 % | £-39,863 | £140,136 |
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 |
28 Sep 2023 | £38,345 | £37,500 | 30 LORD STREET |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 10 Jun 2021. Using an estimated price of £194,556 means this house is valued at £1,200 per sq meter (£111 per sq foot).
The average size of a house on NEWTON STREET is 87 sq meters (945 sq feet).
This house is the largest in the street with a floor area of 162 sq meters (1,743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Rottington Road | |
Apr 2024 | Anti-social behaviour | On or near Rottington Road | |
Apr 2024 | Anti-social behaviour | On or near Rottington Road | |
Apr 2024 | Anti-social behaviour | On or near Rottington Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Newton Street |