£251,047
This estimated value is based upon the latest sale price for the house of £247,500 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£247,500 | 24 Jun 2022 |
£51,000 | 13 Sep 1996 |
Semi-Detached |
Freehold |
Floor Area: 76 sq meters or 818 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 June 2022 the House Price Index for CUMBRIA was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £247,500 results in an estimated price of approximately £251,047.
24 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £247,500 | £3,547 | £251,047 |
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 | -55.556 % | £-137,500 | £109,999 |
3 Month Average | -28.212 % | £-69,825 | £177,674 |
6 Month Average | 24.168 % | £59,816 | £307,316 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £300,508 | £295,250 | 9 CASPIAN ROAD |
25 Jul 2023 | £276,724 | £273,000 | 148 PARKLANDS TERRACE |
30 Jun 2023 | £251,041 | £248,000 | 36 CASPIAN ROAD |
3 Feb 2023 | £377,746 | £378,000 | 34 PARKLANDS DRIVE |
29 Nov 2022 | £343,835 | £348,000 | 17 PARKLANDS DRIVE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 1 Oct 2015. Using an estimated price of £251,048 means this house is valued at £3,303 per sq meter (£306 per sq foot).
The average size of a house on PARKLANDS DRIVE is 135 sq meters (1,455 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Alexander Place |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Alexander Place |
Apr 2024 | Public order | Under investigation | On or near Alexander Place |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alexander Place |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Place |