£133,752
This estimated value is based upon the latest sale price for the house of £130,000 on 26 Jul 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£130,000 | 26 Jul 2023 |
£105,000 | 24 Jul 2006 |
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 July 2023 the House Price Index for CUMBRIA was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £130,000 results in an estimated price of approximately £133,752.
26 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £130,000 | £3,752 | £133,752 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | -19.491 % | £-25,338 | £104,661 |
3 Month Average | -1.539 % | £-2,001 | £127,998 |
6 Month Average | 2.758 % | £3,584 | £133,584 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £159,450 | £157,000 | 12 HIBBERT ROAD |
8 Dec 2023 | £112,456 | £109,000 | 3 LONGREINS ROAD |
29 Nov 2023 | £126,204 | £123,000 | 120 WEST VIEW ROAD |
31 Aug 2023 | £101,786 | £99,950 | 15 LONGREINS ROAD |
4 Aug 2023 | £134,934 | £132,500 | 15 WEST VIEW ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Robbery | Under investigation | On or near Longreins Road |
Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Longreins Road |
May 2024 | Possession of weapons | Awaiting court outcome | On or near Longreins Road |
Apr 2024 | Drugs | Awaiting court outcome | On or near Longreins Road |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Longreins Road |