£87,423
This estimated value is based upon the latest sale price for the house of £46,500 on 7 Jan 2005. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£46,500 | 7 Jan 2005 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 843 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 January 2005 the House Price Index for CUMBRIA was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £46,500 results in an estimated price of approximately £87,423.
7 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 148.6 | 88.008 % | £46,500 | £40,923 | £87,423 |
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 | 135.065 % | £62,805 | £109,305 |
3 Month Average | 88.336 % | £41,076 | £87,576 |
6 Month Average | 88.588 % | £41,193 | £87,693 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £62,932 | £62,000 | 68 MELBOURNE STREET |
29 Sep 2023 | £81,543 | £80,500 | 27 MELBOURNE STREET |
16 Jun 2023 | £96,165 | £95,000 | 16 ADELAIDE STREET |
17 Feb 2023 | £99,933 | £100,000 | 49 MELBOURNE STREET |
25 Jan 2023 | £107,991 | £108,500 | 72 CHATSWORTH STREET |
This house has a floor area of 78 sq meters or 843 sq feet when measured on 14 Oct 2011. Using an estimated price of £87,424 means this house is valued at £1,114 per sq meter (£103 per sq foot).
The average size of a house on MELBOURNE STREET is 77 sq meters (830 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Street |
Mar 2024 | Other theft | Under investigation | On or near Adelaide Street |
Feb 2024 | Anti-social behaviour | On or near Adelaide Street | |
Feb 2024 | Anti-social behaviour | On or near Adelaide Street |