£364,495
This estimated value is based upon the latest sale price for the house of £355,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£355,000 | 20 May 2022 |
£235,000 | 31 Mar 2016 |
£219,000 | 31 Aug 2007 |
£195,000 | 16 Jul 2004 |
£89,000 | 8 Sep 2000 |
£60,000 | 31 Oct 1996 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 2022 the House Price Index for CUMBRIA was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £355,000 results in an estimated price of approximately £364,495.
20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £355,000 | £9,495 | £364,495 |
The Postcode Pricing Model uses changes in average sales price within the LA23 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 | -22.828 % | £-81,038 | £273,961 |
3 Month Average | -10.745 % | £-38,143 | £316,856 |
6 Month Average | 19.476 % | £69,141 | £424,141 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £453,942 | £450,000 | 70 OAKTHWAITE ROAD |
6 Dec 2023 | £278,560 | £270,000 | 28A OAKTHWAITE ROAD |
24 Nov 2023 | £359,116 | £350,000 | 28 LIMETHWAITE ROAD |
8 Mar 2023 | £335,605 | £330,000 | 20 LIMETHWAITE ROAD |
6 Feb 2023 | £352,354 | £350,000 | 1 HIGH HEATHWAITE PARK ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 27 Mar 2019. Using an estimated price of £364,496 means this house is valued at £4,796 per sq meter (£445 per sq foot).
The average size of a house on PARK ROAD is 109 sq meters (1,179 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Park Avenue |
Oct 2024 | Public order | Under investigation | On or near Park Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Lickbarrow Road |