£113,267
This estimated value is based upon the latest sale price for the house of £78,000 on 11 Jun 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£78,000 | 11 Jun 2015 |
£20,475 | 12 May 2004 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 June 2015 the House Price Index for CUMBRIA was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £78,000 results in an estimated price of approximately £113,267.
11 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £78,000 | £35,267 | £113,267 |
The Postcode Pricing Model uses changes in average sales price within the CA1 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 | -23.294 % | £-18,169 | £59,830 |
3 Month Average | 22.620 % | £17,643 | £95,643 |
6 Month Average | 31.004 % | £24,183 | £102,183 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £117,103 | £116,000 | 28 TINDALE DRIVE |
3 Nov 2022 | £108,684 | £110,000 | 47 LINDEN TERRACE |
25 Mar 2022 | £101,554 | £98,000 | 30 ALLANDALE ROAD |
4 Feb 2022 | £99,626 | £95,000 | 75 SPRINGFIELD ROAD |
17 Dec 2021 | £91,067 | £85,000 | 102 SPRINGFIELD ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 Sep 2013. Using an estimated price of £113,268 means this house is valued at £1,618 per sq meter (£150 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 74 sq meters (806 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lyngarth |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyngarth |
Dec 2023 | Drugs | Under investigation | On or near Lyngarth |