£173,921
This estimated value is based upon the latest sale price for the house of £117,500 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 |
|---|---|
| £117,500 | 17 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £117,500 results in an estimated price of approximately £173,921.
| 17 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £117,500 | £56,421 | £173,921 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 73.701 % | £86,598 | £204,098 |
| 3 Month Average | 20.409 % | £23,981 | £141,481 |
| 6 Month Average | 40.191 % | £47,224 | £164,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £219,000 | £219,000 | 23 CHAPEL STREET |
| 23 Nov 2023 | £153,907 | £150,000 | 41 OXFORD STREET |
| 18 Oct 2023 | £296,740 | £290,000 | 16 LIGHTBURN AVENUE |
| 18 Aug 2023 | £211,820 | £208,000 | 7 OXFORD STREET |
| 10 Mar 2023 | £193,227 | £190,000 | 34 OXFORD STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 15 Jul 2014. Using an estimated price of £173,921 means this house is valued at £2,046 per sq meter (£190 per sq foot).
The average size of a house on GARDEN LEA is 99 sq meters (1,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chapel Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lightburn Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lightburn Avenue |
| Jun 2024 | Other crime | Under investigation | On or near Lightburn Avenue |