£592,289
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Nov 2012. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£350,000 | 15 Nov 2012 |
Detached |
Freehold |
Floor Area: 376 sq meters or 4,047 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 2012 the House Price Index for CUMBRIA was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £350,000 results in an estimated price of approximately £592,289.
15 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 148.6 | 69.226 % | £350,000 | £242,289 | £592,289 |
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 | 75.026 % | £262,591 | £612,591 |
3 Month Average | 37.053 % | £129,684 | £479,684 |
6 Month Average | 44.702 % | £156,457 | £506,457 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £417,301 | £410,000 | 62 ARTHUR STREET |
30 Aug 2023 | £514,501 | £510,000 | AYCLIFFE BEACON STREET |
10 Jul 2023 | £375,048 | £370,000 | ROSEACRE WORDSWORTH STREET |
6 Apr 2023 | £323,483 | £320,000 | 32 LOWTHER STREET |
10 Feb 2023 | £150,898 | £151,000 | 7 BEACON EDGE |
This house has a floor area of 376 sq meters or 4,047 sq feet when measured on 10 Sep 2012. Using an estimated price of £592,290 means this house is valued at £1,575 per sq meter (£146 per sq foot).
The average size of a house on LOWTHER STREET is 191 sq meters (2,064 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beacon Street |
Jan 2024 | Anti-social behaviour | On or near Wordsworth Street | |
Jan 2024 | Anti-social behaviour | On or near Wordsworth Street | |
Jan 2024 | Anti-social behaviour | On or near Wordsworth Street | |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Wordsworth Street |