£233,291
This estimated value is based upon the latest sale price for the house of £135,000 on 14 Jan 2011. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £135,000 | 14 Jan 2011 |
| £145,000 | 12 Feb 2010 |
| £58,000 | 6 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,236 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 January 2011 the House Price Index for CUMBRIA was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £135,000 results in an estimated price of approximately £233,291.
| 14 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £135,000 | £98,291 | £233,291 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 63.813 % | £86,147 | £221,147 |
| 3 Month Average | 52.957 % | £71,492 | £206,492 |
| 6 Month Average | 41.666 % | £56,248 | £191,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £216,657 | £210,000 | 61 CLARENCE ROAD |
| 23 Oct 2023 | £173,951 | £170,000 | 40 VICTORIA AVENUE |
| 6 Oct 2023 | £181,625 | £177,500 | 11 CLARENCE ROAD |
| 11 Aug 2023 | £175,668 | £172,500 | 62 VICTORIA AVENUE |
| 4 Aug 2023 | £125,259 | £123,000 | 1 VICTORIA AVENUE |
This house has a floor area of 114 sq meters or 1,236 sq feet when measured on 13 Nov 2009. Using an estimated price of £233,291 means this house is valued at £2,030 per sq meter (£188 per sq foot).
The average size of a house on CLARENCE ROAD is 118 sq meters (1,278 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Clarence Road |
| Oct 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near Victoria Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Avenue |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Victoria Avenue |