£593,479
This estimated value is based upon the latest sale price for the house of £580,000 on 10 Oct 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£580,000 | 10 Oct 2023 |
£305,000 | 22 Jun 2006 |
Terraced |
Freehold |
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 October 2023 the House Price Index for CUMBRIA was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £580,000 results in an estimated price of approximately £593,479.
10 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £580,000 | £13,479 | £593,479 |
The Postcode Pricing Model uses changes in average sales price within the CA12 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 | 78.811 % | £457,106 | £1,037,106 |
3 Month Average | 89.801 % | £520,843 | £1,100,843 |
6 Month Average | 24.191 % | £140,306 | £720,306 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £307,814 | £300,000 | 12 DERWENT STREET |
10 Nov 2023 | £297,553 | £290,000 | 7 THE HOLLIES HIGH STREET |
10 Oct 2023 | £593,479 | £580,000 | 48 ST JOHNS STREET |
21 Feb 2023 | £276,849 | £275,000 | 14B SOUTHEY STREET |
3 Feb 2023 | £450,509 | £447,500 | 27 ST JOHNS STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Street |
Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near St John'S Street |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Derwent Street |
Sep 2024 | Other crime | Under investigation | On or near Shopping Area |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |