£205,588
This estimated value is based upon the latest sale price for the house of £62,000 on 24 Aug 2001. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£62,000 | 24 Aug 2001 |
£46,000 | 3 Jan 1996 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 2001 the House Price Index for CUMBRIA was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £62,000 results in an estimated price of approximately £205,588.
24 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.8 | 148.6 | 231.594 % | £62,000 | £143,588 | £205,588 |
The Postcode Pricing Model uses changes in average sales price within the CA13 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 | 180.176 % | £111,709 | £173,709 |
3 Month Average | 182.667 % | £113,253 | £175,253 |
6 Month Average | 179.779 % | £111,462 | £173,462 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £188,409 | £186,000 | 23 BRIAR BANK |
26 Jun 2023 | £290,519 | £287,000 | 8 LOWSCALES DRIVE |
26 Jun 2023 | £227,759 | £225,000 | 48 TOWERS LANE |
26 Aug 2022 | £259,302 | £260,000 | 43 TOWERS LANE |
5 Jul 2022 | £354,454 | £353,500 | 43 SIMONSCALES LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 19 Nov 2013. Using an estimated price of £205,588 means this house is valued at £3,114 per sq meter (£289 per sq foot).
The average size of a house on TOWERS LANE is 107 sq meters (1,161 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Briar Bank |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sports/Recreation Area |
Jan 2024 | Public order | Local resolution | On or near Sports/Recreation Area |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunscales Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Grove |