£93,467
This estimated value is based upon the latest sale price for the house of £80,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £80,000 | 23 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 October 2020 the House Price Index for CUMBRIA was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £80,000 results in an estimated price of approximately £93,467.
| 23 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £80,000 | £13,467 | £93,467 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | 44.372 % | £35,497 | £115,497 |
| 3 Month Average | 0.158 % | £126 | £80,126 |
| 6 Month Average | 15.423 % | £12,338 | £92,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £135,458 | £135,000 | 49 FESTIVAL ROAD |
| 19 Mar 2024 | £102,346 | £102,000 | 46 FAIRFIELD ROAD |
| 1 Mar 2024 | £92,814 | £92,500 | 40 FAIRFIELD ROAD |
| 5 Dec 2023 | £117,218 | £115,000 | 19 SETTLE STREET |
| 15 Nov 2023 | £126,626 | £125,000 | 43 SETTLE STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 25 Apr 2019. Using an estimated price of £93,468 means this house is valued at £1,126 per sq meter (£104 per sq foot).
The average size of a house on FESTIVAL ROAD is 98 sq meters (1,061 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Munroe Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Munroe Avenue |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Fairfield Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Leyfield Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Settle Street |