£198,311
This estimated value is based upon the latest sale price for the house of £195,000 on 28 Mar 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£195,000 | 28 Mar 2023 |
£176,000 | 18 Apr 2019 |
£179,950 | 20 Apr 2017 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 March 2023 the House Price Index for CUMBRIA was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £195,000 results in an estimated price of approximately £198,311.
28 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £195,000 | £3,311 | £198,311 |
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 | -15.296 % | £-29,826 | £165,173 |
3 Month Average | 8.897 % | £17,348 | £212,348 |
6 Month Average | 8.502 % | £16,578 | £211,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £122,099 | £119,000 | 12 HAYDOCK DRIVE |
8 Sep 2023 | £86,916 | £85,000 | 12 SOUTHWELL SQUARE |
16 Jun 2023 | £171,436 | £168,000 | 8 SOUTHWELL SQUARE |
28 Mar 2023 | £198,312 | £195,000 | 13 SOUTHWELL SQUARE |
27 Jan 2023 | £230,616 | £230,000 | 10 LINGFIELD CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 17 Feb 2017. Using an estimated price of £198,312 means this house is valued at £1,870 per sq meter (£173 per sq foot).
The average size of a house on SOUTHWELL SQUARE is 90 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Southwell Square |