£168,372
This estimated value is based upon the latest sale price for the house of £156,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £156,000 | 3 Dec 2021 |
| £107,250 | 17 Mar 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2021 the House Price Index for CUMBRIA was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £156,000 results in an estimated price of approximately £168,372.
| 3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £156,000 | £12,372 | £168,372 |
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 | 6.033 % | £9,411 | £165,411 |
| 3 Month Average | 1.160 % | £1,810 | £157,810 |
| 6 Month Average | 14.599 % | £22,775 | £178,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £137,107 | £135,000 | 8 BECKSIDE COURT FOUNTAIN STREET |
| 17 Nov 2023 | £152,368 | £148,500 | 1 LITTLE UNION STREET |
| 1 Aug 2023 | £178,214 | £175,000 | 2 THE WEINT |
| 1 Jun 2023 | £321,442 | £315,000 | KENT PLACE BUNGALOW, 23 BROGDEN STREET |
| 3 Mar 2023 | £151,022 | £148,500 | 1 FOUNTAIN STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 13 Feb 2014. Using an estimated price of £168,372 means this house is valued at £2,440 per sq meter (£226 per sq foot).
The average size of a house on UNION CLOSE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Union Street |
| Oct 2024 | Possession of weapons | Under investigation | On or near Union Street |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Union Street |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Market Street |
| Nov 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Market Street |