£280,226
This estimated value is based upon the latest sale price for the house of £210,000 on 3 Oct 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£210,000 | 3 Oct 2016 |
£185,000 | 10 Sep 2013 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 October 2016 the House Price Index for CUMBRIA was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £210,000 results in an estimated price of approximately £280,226.
3 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £210,000 | £70,226 | £280,226 |
The Postcode Pricing Model uses changes in average sales price within the CA12 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 | 491.574 % | £1,032,306 | £1,242,306 |
3 Month Average | 34.055 % | £71,514 | £281,514 |
6 Month Average | 61.337 % | £128,807 | £338,807 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2024 | £233,000 | £233,000 | GRETA PLACE PENRITH ROAD |
20 Oct 2023 | £291,623 | £285,000 | 82 LATRIGG CLOSE |
27 Jan 2023 | £256,987 | £256,300 | 8 BRIGHAM ROW |
14 Apr 2022 | £269,730 | £260,000 | 70 LATRIGG CLOSE |
11 Feb 2022 | £179,598 | £170,000 | 55 TRINITY WAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Oct 2015. Using an estimated price of £280,226 means this house is valued at £2,981 per sq meter (£276 per sq foot).
The average size of a house on LATRIGG CLOSE is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Latrigg Close |
May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Penrith Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penrith Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trinity Way |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Trinity Way |