£224,525
This estimated value is based upon the latest sale price for the house of £145,000 on 13 Jun 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £145,000 | 13 Jun 2014 |
| £120,000 | 26 Sep 2007 |
| £26,500 | 1 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2014 the House Price Index for CUMBRIA was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £145,000 results in an estimated price of approximately £224,525.
| 13 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £145,000 | £79,525 | £224,525 |
The Postcode Pricing Model uses changes in average sales price within the CA20 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 | 6.343 % | £9,197 | £154,197 |
| 3 Month Average | -11.588 % | £-16,802 | £128,197 |
| 6 Month Average | 3.562 % | £5,165 | £150,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £146,000 | £146,000 | 41 GOSFORTH ROAD |
| 17 May 2024 | £185,000 | £185,000 | 53 GOSFORTH ROAD |
| 20 Dec 2023 | £180,548 | £175,000 | 5 SANTON WAY |
| 13 Dec 2023 | £216,657 | £210,000 | 47 GOSFORTH ROAD |
| 13 Dec 2023 | £228,006 | £221,000 | 50 SANTON WAY |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 24 Sep 2013. Using an estimated price of £224,526 means this house is valued at £2,223 per sq meter (£206 per sq foot).
The average size of a house on GOSFORTH ROAD is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Further investigation is not in the public interest | On or near Whole House Road |
| Oct 2024 | Other crime | Under investigation | On or near Sports/Recreation Area |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Green Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near The Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near The Drive |