£199,134
This estimated value is based upon the latest sale price for the house of £115,000 on 25 Jan 2012. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £115,000 | 25 Jan 2012 |
| £87,000 | 5 May 2006 |
| £40,000 | 6 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 726 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 January 2012 the House Price Index for CUMBRIA was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £115,000 results in an estimated price of approximately £199,134.
| 25 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £115,000 | £84,134 | £199,134 |
The Postcode Pricing Model uses changes in average sales price within the CA24 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 | 123.548 % | £142,080 | £257,080 |
| 3 Month Average | 17.979 % | £20,675 | £135,675 |
| 6 Month Average | -5.896 % | £-6,780 | £108,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £90,389 | £89,000 | 2 PENZANCE STREET |
| 28 Nov 2023 | £42,068 | £41,000 | 58 PENZANCE STREET |
| 24 Feb 2023 | £124,834 | £124,000 | 69 PENZANCE STREET |
| 25 Jan 2023 | £80,214 | £80,000 | 70 PENZANCE STREET |
| 26 Aug 2022 | £83,892 | £83,500 | 53 PENZANCE STREET |
This house has a floor area of 67 sq meters or 726 sq feet when measured on 3 Nov 2009. Using an estimated price of £199,134 means this house is valued at £2,949 per sq meter (£273 per sq foot).
The average size of a house on WEST SPUR is 115 sq meters (1,242 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near West Spur |
| Oct 2024 | Other crime | Under investigation | On or near Penzance Street |
| Aug 2024 | Anti-social behaviour | On or near Penzance Street | |
| Aug 2024 | Anti-social behaviour | On or near Penzance Street | |
| Aug 2024 | Anti-social behaviour | On or near Penzance Street |