£90,184
This estimated value is based upon the latest sale price for the house of £78,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£78,000 | 11 Dec 2020 |
£57,000 | 21 Jun 2013 |
£22,950 | 20 Jun 2002 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 December 2020 the House Price Index for CUMBRIA was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £78,000 results in an estimated price of approximately £90,184.
11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £78,000 | £12,184 | £90,184 |
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 | -16.257 % | £-12,680 | £65,319 |
3 Month Average | -4.322 % | £-3,370 | £74,629 |
6 Month Average | 3.399 % | £2,651 | £80,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £179,950 | £179,950 | 43 NEWPORT STREET |
10 Nov 2023 | £71,310 | £69,500 | 10 TITCHFIELD STREET |
27 Oct 2023 | £38,371 | £37,500 | 6 DUDLEY STREET |
22 Sep 2023 | £156,449 | £153,000 | 12 REYNOLDS PLACE |
8 Sep 2023 | £86,916 | £85,000 | 200 AINSLIE STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Mar 2013. Using an estimated price of £90,184 means this house is valued at £1,202 per sq meter (£111 per sq foot).
The average size of a house on ROMNEY ROAD is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Romney Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Dudley Street |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dudley Street |
Aug 2024 | Vehicle crime | Under investigation | On or near Dudley Street |