£126,881
This estimated value is based upon the latest sale price for the house of £124,000 on 17 Oct 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £124,000 | 17 Oct 2023 |
| £28,000 | 27 Sep 1996 |
| Terraced |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 October 2023 the House Price Index for CUMBRIA was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £124,000 results in an estimated price of approximately £126,881.
| 17 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £124,000 | £2,881 | £126,881 |
The Postcode Pricing Model uses changes in average sales price within the CA27 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 | 145.439 % | £180,344 | £304,344 |
| 3 Month Average | 42.066 % | £52,162 | £176,162 |
| 6 Month Average | 8.829 % | £10,948 | £134,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £278,560 | £270,000 | 33 MAIN STREET |
| 1 Nov 2023 | £179,558 | £175,000 | MAYFIELD FINKLE STREET |
| 1 Nov 2023 | £147,751 | £144,000 | 26 MAIN STREET |
| 17 Oct 2023 | £126,882 | £124,000 | 132 MAIN STREET |
| 9 Jun 2023 | £321,442 | £315,000 | 17 SEACROFT DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 25 May 2021. Using an estimated price of £126,882 means this house is valued at £1,040 per sq meter (£96 per sq foot).
The average size of a house on MAIN STREET is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Cross Hill |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cross Hill |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cross Hill |
| Aug 2024 | Public order | Awaiting court outcome | On or near Cross Hill |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Cross Hill |