£564,877
This estimated value is based upon the latest sale price for the house of £465,000 on 28 Jan 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £465,000 | 28 Jan 2020 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 2020 the House Price Index for CUMBRIA was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £465,000 results in an estimated price of approximately £564,877.
| 28 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £465,000 | £99,877 | £564,877 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 23.814 % | £110,735 | £575,735 |
| 3 Month Average | 7.382 % | £34,326 | £499,326 |
| 6 Month Average | 15.977 % | £74,290 | £539,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £203,857 | £200,000 | 4 SUNDERLAND TERRACE |
| 29 Aug 2023 | £251,529 | £249,999 | 62 HART STREET |
| 14 Jun 2023 | £181,471 | £180,000 | 40 CASSON STREET |
| 2 Jun 2023 | £178,951 | £177,500 | 6 WILLOW TREE CLOSE |
| 27 Mar 2023 | £713,859 | £710,000 | BEECH HOUSE, 11A FORD PARK CRESCENT |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 23 Oct 2019. Using an estimated price of £564,877 means this house is valued at £3,303 per sq meter (£306 per sq foot).
The average size of a house on LAUREL GARDENS is 171 sq meters (1,848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Laurel Gardens | |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Laurel Gardens |
| Mar 2024 | Anti-social behaviour | On or near Laurel Gardens | |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Spout Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swan Street |