£134,081
This estimated value is based upon the latest sale price for the house of £111,000 on 13 Aug 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £111,000 | 13 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2020 the House Price Index for CUMBRIA was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £111,000 results in an estimated price of approximately £134,081.
| 13 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £111,000 | £23,081 | £134,081 |
The Postcode Pricing Model uses changes in average sales price within the LA16 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 | 109.146 % | £121,152 | £232,152 |
| 3 Month Average | 30.466 % | £33,817 | £144,817 |
| 6 Month Average | 14.363 % | £15,942 | £126,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £593,229 | £575,000 | 7 TEAL CLOSE |
| 15 Nov 2023 | £128,256 | £125,000 | 108 STEEL STREET |
| 9 Jun 2023 | £408,180 | £400,000 | 50 TURNSTONE CRESCENT |
| 11 Aug 2022 | £60,282 | £60,000 | 78 STEEL STREET |
| 28 Jul 2022 | £346,472 | £343,000 | 44 TURNSTONE CRESCENT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Jul 2020. Using an estimated price of £134,082 means this house is valued at £1,971 per sq meter (£183 per sq foot).
The average size of a house on STEEL STREET is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Steel Street |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Steel Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Steel Street |
| Jul 2024 | Public order | Under investigation | On or near Steel Street |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Turnstone Crescent |