£118,386
This estimated value is based upon the latest sale price for the house of £75,000 on 27 Feb 2008. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £75,000 | 27 Feb 2008 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 February 2008 the House Price Index for CUMBRIA was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £75,000 results in an estimated price of approximately £118,386.
| 27 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £75,000 | £43,386 | £118,386 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 50.064 % | £37,547 | £112,547 |
| 3 Month Average | 35.560 % | £26,670 | £101,670 |
| 6 Month Average | 29.336 % | £22,002 | £97,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £80,701 | £80,000 | 23 SMEATON STREET |
| 8 Mar 2024 | £35,546 | £35,000 | 28 TELFORD STREET |
| 28 Sep 2023 | £61,352 | £60,000 | 15 SMEATON STREET |
| 14 Jun 2023 | £71,431 | £70,000 | 29 TELFORD STREET |
| 9 Jun 2023 | £78,575 | £77,000 | 30 SMEATON STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 6 Aug 2013. Using an estimated price of £118,387 means this house is valued at £1,047 per sq meter (£97 per sq foot).
The average size of a house on SALTHOUSE ROAD is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Telford Street |
| Oct 2024 | Bicycle theft | Under investigation | On or near Penarth Street |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Penarth Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Penarth Street |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Penarth Street |