£57,684
This estimated value is based upon the latest sale price for the house of £47,000 on 18 Oct 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £47,000 | 18 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 October 2018 the House Price Index for CUMBRIA was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £47,000 results in an estimated price of approximately £57,684.
| 18 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.733 % | £47,000 | £10,684 | £57,684 |
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 | -22.133 % | £-10,402 | £36,597 |
| 3 Month Average | 4.817 % | £2,263 | £49,263 |
| 6 Month Average | 4.454 % | £2,093 | £49,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £96,742 | £95,500 | 14 MILLHOLME AVENUE |
| 24 Aug 2023 | £155,948 | £155,000 | 89 BOUNDARY ROAD |
| 16 Aug 2023 | £190,156 | £189,000 | 10 NEWLANDS ROAD |
| 28 Jul 2023 | £111,050 | £110,000 | 33 RIDLEY ROAD |
| 16 Jun 2023 | £70,572 | £70,000 | 42 MILLHOLME AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 4 Jul 2018. Using an estimated price of £57,685 means this house is valued at £901 per sq meter (£83 per sq foot).
The average size of a house on BUCHANAN PLACE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Buchanan Place |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buchanan Place |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buchanan Place |
| Feb 2024 | Drugs | Under investigation | On or near Buchanan Place |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Ridley Road |