£176,929
This estimated value is based upon the latest sale price for the house of £34,000 on 9 May 1997. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £34,000 | 9 May 1997 |
| Semi-Detached |
| 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 May 1997 the House Price Index for CUMBRIA was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £34,000 results in an estimated price of approximately £176,929.
| 9 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 149.7 | 420.381 % | £34,000 | £142,929 | £176,929 |
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 | 260.024 % | £88,408 | £122,408 |
| 3 Month Average | 270.111 % | £91,837 | £125,837 |
| 6 Month Average | 275.185 % | £93,562 | £127,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £235,000 | £235,000 | 17 VICTORIA ROAD |
| 4 Oct 2023 | £318,739 | £311,500 | 38 VICTORIA ROAD |
| 8 Aug 2023 | £205,710 | £202,000 | 5 VICTORIA ROAD |
| 28 Apr 2023 | £211,965 | £208,000 | 24 LOOP ROAD NORTH |
| 12 Apr 2023 | £170,693 | £167,500 | 26 VICTORIA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Loop Road North |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Loop Road North |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loop Road North |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bank Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bank Road |