£51,960
This estimated value is based upon the latest sale price for the house of £45,000 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 |
|---|---|
| £45,000 | 26 Nov 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £45,000 results in an estimated price of approximately £51,960.
| 26 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £45,000 | £6,960 | £51,960 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 15.091 % | £6,791 | £51,791 |
| 3 Month Average | 14.672 % | £6,602 | £51,602 |
| 6 Month Average | -0.725 % | £-326 | £44,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £193,664 | £190,000 | 4 OAKBANK AVENUE |
| 21 Jun 2023 | £89,728 | £89,000 | 58 EARLS ROAD |
| 5 Jun 2023 | £272,207 | £270,000 | 1 LONSDALE PLACE |
| 28 Apr 2023 | £209,558 | £208,000 | 24 LOOP ROAD NORTH |
| 20 Jul 2022 | £334,548 | £335,000 | 79 LOOP ROAD NORTH |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 17 Oct 2019. Using an estimated price of £51,960 means this house is valued at £1,018 per sq meter (£94 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| Apr 2024 | Drugs | Local resolution | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |