£367,066
This estimated value is based upon the latest sale price for the house of £195,000 on 8 Nov 2004. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£195,000 | 8 Nov 2004 |
Semi-Detached |
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 November 2004 the House Price Index for CUMBRIA was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £195,000 results in an estimated price of approximately £367,066.
8 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £195,000 | £172,066 | £367,066 |
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 | 45.068 % | £87,883 | £282,883 |
3 Month Average | 60.087 % | £117,170 | £312,170 |
6 Month Average | 52.246 % | £101,879 | £296,879 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Apr 2022 | £298,642 | £290,000 | 37 DERWENT STREET |
28 Feb 2022 | £262,174 | £250,000 | 13 DERWENT STREET |
21 Feb 2022 | £744,573 | £710,000 | LANE RIGG HOUSE THE HEADS |
11 Feb 2022 | £272,661 | £260,000 | 2 THE STABLEYARD LAKE ROAD |
20 Dec 2021 | £305,342 | £285,000 | 4 THE STABLEYARD LAKE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 12 Oct 2012. Using an estimated price of £367,067 means this house is valued at £3,904 per sq meter (£362 per sq foot).
The average size of a house on LAKE ROAD is 96 sq meters (1,042 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Derwent Street |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Derwent Street |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Poplar Street |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Poplar Street |
Apr 2024 | Anti-social behaviour | On or near Vendace Court |