£181,218
This estimated value is based upon the latest sale price for the house of £147,500 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £147,500 | 7 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2018 the House Price Index for CUMBRIA was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £147,500 results in an estimated price of approximately £181,218.
| 7 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £147,500 | £33,718 | £181,218 |
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 | 42.841 % | £63,191 | £210,691 |
| 3 Month Average | 23.254 % | £34,299 | £181,799 |
| 6 Month Average | 32.055 % | £47,280 | £194,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £220,082 | £218,000 | 4 BACK LANE |
| 1 Jun 2023 | £428,474 | £425,000 | 1 ST DAVIDS ROAD |
| 5 Apr 2023 | £70,524 | £70,000 | OWL BARN BACK LANE |
| 17 Mar 2023 | £95,516 | £95,000 | CHURCH OF CHRIST MILL STREET |
| 12 Aug 2022 | £163,893 | £165,000 | 8 SOUTERGATE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Feb 2018. Using an estimated price of £181,218 means this house is valued at £2,237 per sq meter (£207 per sq foot).
The average size of a house on SOUTERGATE is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanley Street |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Soutergate |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Soutergate |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Street |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Mill Street |