£178,192
This estimated value is based upon the latest sale price for the house of £94,500 on 17 Dec 2004. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £94,500 | 17 Dec 2004 |
| £31,000 | 8 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 693 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 December 2004 the House Price Index for CUMBRIA was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £94,500 results in an estimated price of approximately £178,192.
| 17 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £94,500 | £83,692 | £178,192 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 92.644 % | £87,548 | £182,048 |
| 3 Month Average | 76.752 % | £72,530 | £167,030 |
| 6 Month Average | 57.321 % | £54,168 | £148,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £55,000 | £55,000 | 2 LADYPIT TERRACE |
| 1 Mar 2024 | £230,000 | £230,000 | 10 VICTORIA ROAD |
| 24 Nov 2023 | £107,593 | £106,000 | 6 YORK TERRACE |
| 21 Apr 2023 | £232,453 | £229,950 | OAK HOUSE OAKBANK |
| 3 Mar 2023 | £65,618 | £65,000 | 3 LADYPIT TERRACE |
This house has a floor area of 64 sq meters or 693 sq feet when measured on 28 Apr 2010. Using an estimated price of £178,193 means this house is valued at £2,766 per sq meter (£256 per sq foot).
The average size of a house on ALBERT TERRACE is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Local resolution | On or near Earl'S Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crosfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Crosfield Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Oakbank Avenue |
| Mar 2024 | Public order | Under investigation | On or near James Pit Road |