£127,304
This estimated value is based upon the latest sale price for the house of £109,000 on 26 Nov 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £109,000 | 26 Nov 2020 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 November 2020 the House Price Index for CUMBRIA was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £109,000 results in an estimated price of approximately £127,304.
| 26 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £109,000 | £18,304 | £127,304 |
The Postcode Pricing Model uses changes in average sales price within the LA11 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 | -5.791 % | £-6,312 | £102,687 |
| 3 Month Average | 19.233 % | £20,963 | £129,963 |
| 6 Month Average | 16.879 % | £18,397 | £127,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £263,041 | £259,000 | HARRISONS WAY KENTS BANK ROAD |
| 20 Nov 2023 | £492,502 | £480,000 | CULAG, 9 THE ESPLANADE |
| 4 Oct 2023 | £363,250 | £355,000 | FLAT 11 CROWN HILL MAIN STREET |
| 29 Sep 2023 | £76,691 | £75,000 | 14 STRAND COURT THE ESPLANADE |
| 26 Sep 2023 | £107,367 | £105,000 | 3 STRAND COURT THE ESPLANADE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 12 Aug 2020. Using an estimated price of £127,305 means this house is valued at £757 per sq meter (£70 per sq foot).
The average size of a house on THE ESPLANADE is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Albert Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernleigh Road |
| Aug 2024 | Other crime | Under investigation | On or near Church Hill |