£186,976
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Jun 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £140,000 | 30 Jun 2016 |
| £72,000 | 4 Aug 2000 |
| £24,000 | 8 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2016 the House Price Index for CUMBRIA was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £140,000 results in an estimated price of approximately £186,976.
| 30 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £140,000 | £46,976 | £186,976 |
The Postcode Pricing Model uses changes in average sales price within the CA11 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 | 61.876 % | £86,626 | £226,626 |
| 3 Month Average | 39.470 % | £55,258 | £195,258 |
| 6 Month Average | 34.953 % | £48,933 | £188,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £121,554 | £120,000 | 2 LOWTHER HOUSE FOSTER STREET |
| 25 Nov 2022 | £67,186 | £68,000 | 94 SCOTLAND ROAD |
| 24 Oct 2022 | £163,242 | £165,000 | 2 DROVERS LANE |
| 9 Jun 2022 | £92,051 | £90,750 | 14 SCOTLAND ROAD |
| 22 Apr 2022 | £149,321 | £145,000 | 103 SCOTLAND ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 5 Jul 2019. Using an estimated price of £186,977 means this house is valued at £2,876 per sq meter (£267 per sq foot).
The average size of a house on SCOTLAND ROAD is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Harrison Street |
| Apr 2024 | Drugs | Under investigation | On or near Foster Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foster Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beatham Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beatham Court |