£105,973
This estimated value is based upon the latest sale price for the house of £103,000 on 17 Jul 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £103,000 | 17 Jul 2023 |
| £68,000 | 21 Dec 2006 |
| £30,000 | 16 Nov 2001 |
| £22,000 | 18 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 July 2023 the House Price Index for CUMBRIA was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £103,000 results in an estimated price of approximately £105,973.
| 17 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £103,000 | £2,973 | £105,973 |
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 | -19.491 % | £-20,076 | £82,923 |
| 3 Month Average | -1.539 % | £-1,585 | £101,414 |
| 6 Month Average | 2.758 % | £2,840 | £105,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £70,411 | £69,000 | 23 ST VINCENT STREET |
| 7 Jun 2023 | £71,431 | £70,000 | 8 KEITH STREET |
| 26 Apr 2023 | £107,001 | £105,000 | 20 PARADE STREET |
| 15 Sep 2022 | £57,462 | £57,500 | 8 ST VINCENT STREET |
| 29 Apr 2022 | £108,929 | £105,000 | 27 PARADE STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 4 Oct 2018.
The average size of a house on PARADE STREET is 108 sq meters (1,162 sq feet).