£408,122
This estimated value is based upon the latest sale price for the house of £273,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £273,000 | 15 Aug 2014 |
| £230,000 | 22 May 2009 |
| £227,000 | 3 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,249 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 2014 the House Price Index for CUMBRIA was 98.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 49.496%.Applying this 49.496% change to the original purchase price of £273,000 results in an estimated price of approximately £408,122.
| 15 Aug 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 146.7 | 49.496 % | £273,000 | £135,122 | £408,122 |
The Postcode Pricing Model uses changes in average sales price within the LA9 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 | 26.787 % | £73,127 | £346,127 |
| 3 Month Average | 26.243 % | £71,642 | £344,642 |
| 6 Month Average | 32.656 % | £89,151 | £362,151 |
This house has a floor area of 116 sq meters or 1,249 sq feet when measured on 11 Jan 2012.
The average size of a house on SHAP ROAD is 117 sq meters (1,266 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near Finley Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rosemede Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Vehicle crime | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Supermarket |