£72,314
This estimated value is based upon the latest sale price for the house of £58,500 on 1 May 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £58,500 | 1 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2019 the House Price Index for CUMBRIA was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £58,500 results in an estimated price of approximately £72,314.
| 1 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £58,500 | £13,814 | £72,314 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 1.472 % | £861 | £59,361 |
| 3 Month Average | 23.942 % | £14,005 | £72,505 |
| 6 Month Average | 11.771 % | £6,886 | £65,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £80,000 | £80,000 | 11 ASHNESS CLOSE |
| 7 Dec 2023 | £81,425 | £80,000 | 38 BORROWDALE ROAD |
| 7 Dec 2023 | £137,404 | £135,000 | 218 MEADOW ROAD |
| 29 Sep 2023 | £101,295 | £100,000 | 241 MEADOW ROAD |
| 8 Sep 2023 | £87,114 | £86,000 | 231 MEADOW ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 May 2019. Using an estimated price of £72,314 means this house is valued at £939 per sq meter (£87 per sq foot).
The average size of a house on LANGDALE CLOSE is 113 sq meters (1,219 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Langdale Close |
| Feb 2024 | Anti-social behaviour | On or near Langdale Close | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Langdale Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Langdale Close |
| Feb 2024 | Anti-social behaviour | On or near Langdale Close |