£240,744
This estimated value is based upon the latest sale price for the house of £187,000 on 19 Apr 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£187,000 | 19 Apr 2017 |
£130,950 | 6 Jun 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 173 sq meters or 1,862 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 April 2017 the House Price Index for CUMBRIA was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £187,000 results in an estimated price of approximately £240,744.
19 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.0 | 28.740 % | £187,000 | £53,744 | £240,744 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | 34.925 % | £65,309 | £252,309 |
3 Month Average | -5.983 % | £-11,188 | £175,811 |
6 Month Average | 7.240 % | £13,538 | £200,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £146,886 | £145,000 | 34 KINGSTOWN ROAD |
31 Jul 2023 | £166,576 | £165,000 | 5 REIVER COURT |
30 Jun 2023 | £166,349 | £165,000 | 26 WINDSOR WAY |
16 Jun 2023 | £118,965 | £118,000 | 45 GOSLING DRIVE |
31 Jan 2023 | £147,207 | £148,500 | 1 REIVER COURT |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 10 Dec 2016. Using an estimated price of £240,745 means this house is valued at £1,391 per sq meter (£129 per sq foot).
The average size of a house on REIVER PLACE is 105 sq meters (1,137 sq feet).
This house is the largest in the street with a floor area of 173 sq meters (1,862 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jaysmith Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Jaysmith Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jaysmith Close |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Supermarket |
Feb 2024 | Drugs | Local resolution | On or near Supermarket |