£248,820
This estimated value is based upon the latest sale price for the house of £199,950 on 8 Feb 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£199,950 | 8 Feb 2019 |
£135,000 | 27 Sep 2012 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 February 2019 the House Price Index for CUMBRIA was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £199,950 results in an estimated price of approximately £248,820.
8 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £199,950 | £48,870 | £248,820 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 33.145 % | £66,273 | £266,223 |
3 Month Average | 12.941 % | £25,876 | £225,826 |
6 Month Average | 13.651 % | £27,295 | £227,245 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £235,000 | £235,000 | 17 VICTORIA ROAD |
15 Mar 2024 | £95,467 | £94,000 | IVY COTTAGE LONSDALE PLACE |
16 Oct 2023 | £240,461 | £235,000 | 18 LONSDALE PLACE |
5 Jun 2023 | £275,521 | £270,000 | 1 LONSDALE PLACE |
28 Apr 2023 | £211,965 | £208,000 | 24 LOOP ROAD NORTH |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 30 Oct 2018. Using an estimated price of £248,820 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on LOOP ROAD NORTH is 102 sq meters (1,098 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Loop Road North |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Loop Road North |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loop Road North |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bank Road |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bank Road |