£240,927
This estimated value is based upon the latest sale price for the house of £195,000 on 26 Nov 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£195,000 | 26 Nov 2019 |
Freehold |
Floor Area: 105 sq meters or 1,130 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 November 2019 the House Price Index for CUMBRIA was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £195,000 results in an estimated price of approximately £240,927.
26 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £195,000 | £45,927 | £240,927 |
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 | -0.581 % | £-1,132 | £193,867 |
3 Month Average | 48.450 % | £94,477 | £289,477 |
6 Month Average | 27.195 % | £53,029 | £248,029 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jun 2024 | £45,001 | £45,001 | 22 MAIN STREET |
11 Dec 2023 | £386,888 | £375,000 | 3 MILLBANK |
3 Nov 2023 | £441,199 | £430,000 | 34 STANGER STREET |
20 Oct 2023 | £194,416 | £190,000 | 15 BANK STREET |
5 Apr 2023 | £10,191 | £10,000 | 5 - 7 BANK STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 14 Nov 2018. Using an estimated price of £240,927 means this house is valued at £2,294 per sq meter (£213 per sq foot).
The average size of a house on BANK STREET is 70 sq meters (763 sq feet).
This house is the largest in the street with a floor area of 105 sq meters (1,130 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Unable to prosecute suspect | On or near Stanger Street |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
Oct 2024 | Anti-social behaviour | On or near Shopping Area | |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Shopping Area |