£124,203
This estimated value is based upon the latest sale price for the house of £75,000 on 17 Sep 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £75,000 | 17 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,028 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 September 2013 the House Price Index for CUMBRIA was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £75,000 results in an estimated price of approximately £124,203.
| 17 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £75,000 | £49,203 | £124,203 |
The Postcode Pricing Model uses changes in average sales price within the CA22 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 | 49.318 % | £36,988 | £111,988 |
| 3 Month Average | 19.248 % | £14,436 | £89,436 |
| 6 Month Average | 32.003 % | £24,001 | £99,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £51,302 | £50,000 | 10 KINGS DRIVE |
| 19 Sep 2023 | £174,855 | £171,000 | 14 ROYAL DRIVE |
| 21 Jun 2023 | £220,417 | £216,000 | 2 ASHLEY WAY |
| 8 Jun 2023 | £155,619 | £152,500 | 54 KINGS DRIVE |
| 21 Oct 2022 | £82,724 | £83,000 | 30 KINGS DRIVE |
This house has a floor area of 95 sq meters or 1,028 sq feet when measured on 15 Oct 2009. Using an estimated price of £124,204 means this house is valued at £1,299 per sq meter (£120 per sq foot).
The average size of a house on ROYAL DRIVE is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Royal Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Royal Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Drive |