£65,977
This estimated value is based upon the latest sale price for the house of £54,000 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £54,000 | 16 Dec 2019 |
| £65,000 | 5 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 December 2019 the House Price Index for CUMBRIA was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £54,000 results in an estimated price of approximately £65,977.
| 16 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £54,000 | £11,977 | £65,977 |
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 | 10.303 % | £5,563 | £59,563 |
| 3 Month Average | 17.192 % | £9,283 | £63,283 |
| 6 Month Average | 8.709 % | £4,702 | £58,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £101,300 | £100,000 | 65 PEEL STREET |
| 16 Jun 2023 | £142,153 | £141,000 | 78 WIGTON ROAD |
| 30 Jan 2023 | £94,173 | £95,000 | 7 HAWES STREET |
| 25 Jan 2023 | £64,434 | £65,000 | 63 WIGTON ROAD |
| 9 Sep 2022 | £73,111 | £74,000 | 6 PEEL STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 23 Aug 2019. Using an estimated price of £65,978 means this house is valued at £1,099 per sq meter (£102 per sq foot).
The average size of a house on BOWER STREET is 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Awaiting court outcome | On or near Caldbeck Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Caldbeck Road |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Caldbeck Road |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Caldbeck Road |
| Jan 2024 | Public order | Under investigation | On or near Caldbeck Road |