£188,361
This estimated value is based upon the latest sale price for the house of £140,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £140,000 | 17 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 June 2016 the House Price Index for CUMBRIA was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £140,000 results in an estimated price of approximately £188,361.
| 17 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £140,000 | £48,361 | £188,361 |
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 | 27.059 % | £37,883 | £177,883 |
| 3 Month Average | 24.476 % | £34,265 | £174,265 |
| 6 Month Average | 30.064 % | £42,089 | £182,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £106,638 | £105,000 | 138 CHATSWORTH STREET |
| 10 Oct 2023 | £97,208 | £95,000 | 24 LONGMYND AVENUE |
| 29 Sep 2023 | £167,185 | £163,500 | 12 ST JAMES GARDENS |
| 14 Feb 2023 | £175,170 | £174,000 | 5 COWPER CLOSE |
| 15 Jul 2022 | £120,204 | £119,000 | 28 LONGMYND AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 May 2016. Using an estimated price of £188,361 means this house is valued at £2,853 per sq meter (£265 per sq foot).
The average size of a house on COWPER CLOSE is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Cheviot Green |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Cheviot Green |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cheviot Green |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Aug 2024 | Anti-social behaviour | On or near Sports/Recreation Area |