£115,488
This estimated value is based upon the latest sale price for the house of £53,500 on 16 Jan 2004. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Reservoir Street
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| Price Paid | Date |
|---|---|
| £53,500 | 16 Jan 2004 |
| £39,000 | 19 Sep 2003 |
| £30,000 | 26 Jul 1996 |
| Terraced |
| Freehold |
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 2004 the House Price Index for CUMBRIA was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £53,500 results in an estimated price of approximately £115,488.
| 16 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £53,500 | £61,988 | £115,488 |
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 | 192.865 % | £103,182 | £156,682 |
| 3 Month Average | 164.955 % | £88,250 | £141,750 |
| 6 Month Average | 170.747 % | £91,349 | £144,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £121,225 | £117,500 | 55 QUEEN STREET |
| 4 Dec 2023 | £106,781 | £103,500 | 26 NORFOLK STREET |
| 23 Nov 2023 | £103,118 | £100,500 | 3 HIGHFIELD ROAD |
| 29 Sep 2023 | £86,916 | £85,000 | 40 QUEEN STREET |
| 29 Sep 2023 | £109,923 | £107,500 | 29 HIGHFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Reservoir Street |
| Sep 2024 | Anti-social behaviour | On or near Highfield Road | |
| Sep 2024 | Anti-social behaviour | On or near Highfield Road | |
| Oct 2024 | Other crime | Under investigation | On or near Queen Street |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Queen Street |