£177,278
This estimated value is based upon the latest sale price for the house of £105,000 on 25 Jan 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £105,000 | 25 Jan 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 January 2013 the House Price Index for CUMBRIA was 87.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.837%.Applying this 68.837% change to the original purchase price of £105,000 results in an estimated price of approximately £177,278.
| 25 Jan 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.0 | 68.837 % | £105,000 | £72,278 | £177,278 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | 25.792 % | £27,081 | £132,081 |
| 3 Month Average | 32.844 % | £34,485 | £139,485 |
| 6 Month Average | 26.492 % | £27,816 | £132,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £135,743 | £134,000 | 81 NEWLAITHES AVENUE |
| 28 Nov 2023 | £192,471 | £190,000 | 10 ROBERT CHANCE GARDENS |
| 8 Nov 2023 | £98,768 | £97,500 | 65 NEWLAITHES AVENUE |
| 24 Aug 2023 | £117,716 | £117,000 | 28 HALLIN CRESCENT |
| 31 Mar 2023 | £134,226 | £133,500 | 115 NEWLAITHES AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Sep 2012. Using an estimated price of £177,279 means this house is valued at £2,428 per sq meter (£225 per sq foot).
The average size of a house on NEWLAITHES AVENUE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kingrigg |
| Apr 2024 | Public order | Under investigation | On or near Robert Chance Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Robert Chance Gardens |
| Feb 2024 | Anti-social behaviour | On or near Robert Chance Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Robert Chance Gardens |