£287,405
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£245,000 | 30 Oct 2020 |
£195,000 | 11 Nov 2005 |
Detached |
Freehold |
Floor Area: 117 sq meters or 1,259 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 October 2020 the House Price Index for CUMBRIA was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £245,000 results in an estimated price of approximately £287,405.
30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £245,000 | £42,405 | £287,405 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | -5.444 % | £-13,338 | £231,661 |
3 Month Average | 9.860 % | £24,156 | £269,156 |
6 Month Average | -0.219 % | £-536 | £244,463 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £177,500 | £177,500 | 16 ASHLEIGH PLACE |
10 Jun 2022 | £182,580 | £180,000 | 14 WORDSWORTH ROAD |
13 Dec 2021 | £174,099 | £162,500 | 36 SPRINGFIELD AVENUE |
30 Sep 2021 | £233,353 | £216,550 | 3 LOOP ROAD SOUTH |
22 Jun 2021 | £155,574 | £145,000 | 11 SPRINGFIELD AVENUE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 31 Jul 2019. Using an estimated price of £287,405 means this house is valued at £2,456 per sq meter (£228 per sq foot).
The average size of a house on SPRINGFIELD AVENUE is 96 sq meters (1,035 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Springfield Avenue | |
Feb 2024 | Anti-social behaviour | On or near Springfield Avenue | |
Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Springfield Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springfield Avenue |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wordsworth Road |