£389,227
This estimated value is based upon the latest sale price for the house of £165,000 on 22 May 2003. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£165,000 | 22 May 2003 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 650 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 May 2003 the House Price Index for CUMBRIA was 62.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 135.895%.Applying this 135.895% change to the original purchase price of £165,000 results in an estimated price of approximately £389,227.
22 May 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 148.0 | 135.895 % | £165,000 | £224,227 | £389,227 |
The Postcode Pricing Model uses changes in average sales price within the LA21 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 | 465.827 % | £768,614 | £933,614 |
3 Month Average | 283.697 % | £468,099 | £633,099 |
6 Month Average | 304.936 % | £503,144 | £668,144 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £385,289 | £378,000 | 22 DAYS BANK |
29 Aug 2023 | £528,212 | £525,000 | 2 SPRING BANK COTTAGES STATION ROAD |
14 Sep 2022 | £113,618 | £115,000 | FLAT 1 CAMPBELL HOUSE |
19 Apr 2022 | £459,487 | £448,000 | 3 THURSTON BANK |
28 Jan 2022 | £115,297 | £110,000 | FLAT 5 CAMPBELL HOUSE |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 27 Jul 2011. Using an estimated price of £389,227 means this house is valued at £6,444 per sq meter (£598 per sq foot).
The average size of a house on DAYS BANK is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Parking Area |
Feb 2024 | Other crime | Formal action is not in the public interest | On or near Parking Area |
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Martins Court |
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Martins Court |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Martins Court |