£123,752
This estimated value is based upon the latest sale price for the house of £123,000 on 16 Aug 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£123,000 | 16 Aug 2023 |
£40,000 | 27 May 1997 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 August 2023 the House Price Index for CUMBRIA was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £123,000 results in an estimated price of approximately £123,752.
16 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.1 | 148.0 | 0.612 % | £123,000 | £752 | £123,752 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | 16.403 % | £20,175 | £143,175 |
3 Month Average | 4.379 % | £5,386 | £128,386 |
6 Month Average | 3.695 % | £4,544 | £127,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £130,000 | £130,000 | 41 NORFOLK STREET |
27 Nov 2023 | £84,079 | £83,000 | 15 COLVILLE TERRACE |
17 Nov 2023 | £91,170 | £90,000 | 8 COLVILLE TERRACE |
16 Aug 2023 | £123,753 | £123,000 | 42 COLVILLE STREET |
10 Aug 2023 | £69,925 | £69,500 | 14 COLVILLE TERRACE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 29 May 2019. Using an estimated price of £123,753 means this house is valued at £1,189 per sq meter (£110 per sq foot).
The average size of a house on COLVILLE STREET is 98 sq meters (1,057 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Awaiting court outcome | On or near Colville Street |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Colville Street |
Mar 2024 | Other crime | Under investigation | On or near Colville Terrace |
Mar 2024 | Drugs | Local resolution | On or near Colville Terrace |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Teasdale Place |