£139,583
This estimated value is based upon the latest sale price for the house of £95,000 on 17 Apr 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £95,000 | 17 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 April 2015 the House Price Index for CUMBRIA was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £95,000 results in an estimated price of approximately £139,583.
| 17 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £95,000 | £44,583 | £139,583 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 30.885 % | £29,340 | £124,340 |
| 3 Month Average | 14.015 % | £13,314 | £108,314 |
| 6 Month Average | 13.063 % | £12,409 | £107,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £278,562 | £275,000 | ST JOHNS VICARAGE JAMES WATT TERRACE |
| 25 Aug 2023 | £156,368 | £155,000 | 17 JAMES WATT TERRACE |
| 17 Mar 2023 | £94,894 | £94,000 | 4 JAMES WATT TERRACE |
| 3 Mar 2023 | £84,229 | £83,435 | 17E EGERTON COURT |
| 8 Jun 2022 | £131,863 | £130,000 | 12 JAMES WATT TERRACE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 29 May 2014. Using an estimated price of £139,584 means this house is valued at £1,033 per sq meter (£96 per sq foot).
The average size of a house on JAMES WATT TERRACE is 114 sq meters (1,236 sq feet).
This house is the largest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near James Watt Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near James Watt Terrace |