£184,284
This estimated value is based upon the latest sale price for the house of £134,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£134,000 | 5 Feb 2016 |
£43,000 | 24 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 February 2016 the House Price Index for CUMBRIA was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £134,000 results in an estimated price of approximately £184,284.
5 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £134,000 | £50,284 | £184,284 |
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 | 61.399 % | £82,274 | £216,274 |
3 Month Average | 37.105 % | £49,720 | £183,720 |
6 Month Average | 29.371 % | £39,357 | £173,357 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £59,950 | £59,950 | 4 BRADFORD STREET |
8 Apr 2024 | £176,533 | £175,000 | 21 HELMSLEY DRIVE |
20 Dec 2023 | £206,340 | £200,000 | 32 HELMSLEY DRIVE |
19 Dec 2023 | £294,035 | £285,000 | 37 ORMSGILL LANE |
27 Nov 2023 | £205,209 | £200,000 | 17 HELMSLEY DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 4 Mar 2015. Using an estimated price of £184,284 means this house is valued at £2,750 per sq meter (£255 per sq foot).
The average size of a house on ORMSGILL LANE is 109 sq meters (1,179 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Chester Street |
Jul 2024 | Anti-social behaviour | On or near Chester Street | |
Jul 2024 | Anti-social behaviour | On or near Chester Street | |
Jul 2024 | Anti-social behaviour | On or near Chester Street | |
Jul 2024 | Anti-social behaviour | On or near Chester Street |