£130,935
This estimated value is based upon the latest sale price for the house of £122,000 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £122,000 | 10 Sep 2021 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2021 the House Price Index for CUMBRIA was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £122,000 results in an estimated price of approximately £130,935.
| 10 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £122,000 | £8,935 | £130,935 |
The Postcode Pricing Model uses changes in average sales price within the LA13 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 | -7.480 % | £-9,126 | £112,873 |
| 3 Month Average | 15.167 % | £18,504 | £140,504 |
| 6 Month Average | 1.133 % | £1,382 | £123,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £192,471 | £190,000 | 2 ABBOTS VALE MEWS |
| 30 Aug 2023 | £125,765 | £125,000 | 31 NEWBARNS ROAD |
| 3 Jul 2023 | £121,146 | £120,000 | 63 WORCESTER STREET |
| 30 Jun 2023 | £156,267 | £155,000 | 146 WORCESTER STREET |
| 27 Apr 2023 | £136,011 | £135,000 | 111 WORCESTER STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 15 Jan 2019. Using an estimated price of £130,935 means this house is valued at £1,438 per sq meter (£133 per sq foot).
The average size of a house on WORCESTER STREET is 73 sq meters (788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Pypers Croft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pypers Croft |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |
| Apr 2024 | Anti-social behaviour | On or near Supermarket |