£247,865
This estimated value is based upon the latest sale price for the house of £58,500 on 1 Sep 1999. 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 Sep 1999 |
| Semi-Detached |
| 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 September 1999 the House Price Index for CUMBRIA was 35.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 323.703%.Applying this 323.703% change to the original purchase price of £58,500 results in an estimated price of approximately £247,865.
| 1 Sep 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 149.7 | 323.703 % | £58,500 | £189,365 | £247,865 |
The Postcode Pricing Model uses changes in average sales price within the LA16 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 | 277.084 % | £162,094 | £220,594 |
| 3 Month Average | 297.047 % | £173,772 | £232,272 |
| 6 Month Average | 223.904 % | £130,984 | £189,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £117,112 | £115,000 | 9 FURNACE PLACE |
| 18 Aug 2023 | £134,424 | £132,000 | 25 FURNACE PLACE |
| 3 Feb 2023 | £380,542 | £378,000 | 34 PARKLANDS DRIVE |
| 29 Nov 2022 | £346,380 | £348,000 | 17 PARKLANDS DRIVE |
| 31 Aug 2022 | £86,404 | £86,000 | 26 FURNACE PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Furnace Place | |
| Jun 2024 | Burglary | Under investigation | On or near Victoria Street |
| May 2024 | Violence and sexual offences | Local resolution | On or near Victoria Street |
| Jun 2024 | Other crime | Under investigation | On or near Harris Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Harris Street |