£341,568
This estimated value is based upon the latest sale price for the house of £309,950 on 12 Oct 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £309,950 | 12 Oct 2021 |
| £129,950 | 8 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2021 the House Price Index for CUMBRIA was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £309,950 results in an estimated price of approximately £341,568.
| 12 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £309,950 | £31,618 | £341,568 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | -3.336 % | £-10,340 | £299,609 |
| 3 Month Average | -8.326 % | £-25,806 | £284,143 |
| 6 Month Average | -2.151 % | £-6,665 | £303,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £151,951 | £150,000 | 41 OXFORD STREET |
| 18 Aug 2023 | £209,273 | £208,000 | 7 OXFORD STREET |
| 27 Apr 2023 | £221,647 | £220,000 | 36 HARTLEY STREET |
| 10 Mar 2023 | £191,033 | £190,000 | 34 OXFORD STREET |
| 28 Oct 2022 | £180,418 | £183,100 | 26 OXFORD STREET |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 21 Dec 2016. Using an estimated price of £341,568 means this house is valued at £2,457 per sq meter (£228 per sq foot).
The average size of a house on LIGHTBURN ROAD is 120 sq meters (1,300 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Chapel Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hartley Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hartley Street |
| Mar 2024 | Anti-social behaviour | On or near Hartley Street | |
| Mar 2024 | Anti-social behaviour | On or near Hartley Street |