£206,366
This estimated value is based upon the latest sale price for the house of £40,000 on 3 Jun 1997. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Nicholson Street
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| Price Paid | Date |
|---|---|
| £40,000 | 3 Jun 1997 |
| Terraced |
| Freehold |
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 June 1997 the House Price Index for CUMBRIA was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £40,000 results in an estimated price of approximately £206,366.
| 3 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £40,000 | £166,366 | £206,366 |
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 | 216.331 % | £86,532 | £126,532 |
| 3 Month Average | 240.693 % | £96,277 | £136,277 |
| 6 Month Average | 248.622 % | £99,448 | £139,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £97,474 | £95,000 | 9 GOODWIN CLOSE |
| 26 Sep 2023 | £114,525 | £112,000 | 11 CLEMENTINA TERRACE |
| 25 Aug 2023 | £58,047 | £57,000 | 65 BLACKWELL ROAD |
| 30 Jun 2023 | £89,800 | £88,000 | 9 CLEMENTINA TERRACE |
| 27 Jun 2023 | £107,147 | £105,000 | 13 CLEMENTINA TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nicholson Street |
| Jul 2024 | Burglary | Under investigation | On or near Nicholson Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Nicholson Street |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nicholson Street |
| May 2024 | Public order | Awaiting court outcome | On or near Nicholson Street |