£114,923
This estimated value is based upon the latest sale price for the house of £115,000 on 5 Sep 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £115,000 | 5 Sep 2022 |
| £119,950 | 15 Jun 2005 |
| £105,000 | 19 Nov 2004 |
| Flats/Maisonettes |
| Freehold |
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 September 2022 the House Price Index for CUMBRIA was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £115,000 results in an estimated price of approximately £114,923.
| 5 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £115,000 | £-76 | £114,923 |
The Postcode Pricing Model uses changes in average sales price within the CA7 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 | 20.015 % | £23,017 | £138,017 |
| 3 Month Average | 13.420 % | £15,432 | £130,432 |
| 6 Month Average | 15.871 % | £18,251 | £133,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £100,000 | £100,000 | 3 THE OLD TANNERY REEDS LANE |
| 18 Dec 2023 | £77,378 | £75,000 | 19A HIGH STREET |
| 15 Dec 2023 | £94,917 | £92,000 | 2 THE OLD TANNERY REEDS LANE |
| 30 Nov 2023 | £110,300 | £107,500 | 2 HUDSONS BUILDINGS |
| 23 Nov 2023 | £38,733 | £37,750 | 7 HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Straits | |
| Sep 2024 | Anti-social behaviour | On or near Straits | |
| Sep 2024 | Anti-social behaviour | On or near Straits | |
| Jul 2024 | Anti-social behaviour | On or near Straits | |
| Jul 2024 | Anti-social behaviour | On or near Straits |