£82,339
This estimated value is based upon the latest sale price for the house of £56,000 on 14 May 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £56,000 | 14 May 2015 |
| £63,000 | 12 Jul 2006 |
| £20,000 | 22 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 May 2015 the House Price Index for CUMBRIA was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £56,000 results in an estimated price of approximately £82,339.
| 14 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £56,000 | £26,339 | £82,339 |
The Postcode Pricing Model uses changes in average sales price within the LA16 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 | -36.596 % | £-20,493 | £35,506 |
| 3 Month Average | 47.491 % | £26,594 | £82,594 |
| 6 Month Average | 40.066 % | £22,436 | £78,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £92,040 | £89,950 | 10 SHARP STREET |
| 26 Jun 2023 | £117,352 | £115,000 | 52 SHARP STREET |
| 31 Mar 2023 | £113,902 | £112,000 | 32 SHARP STREET |
| 17 Feb 2023 | £70,471 | £70,000 | 75 SHARP STREET |
| 20 Jul 2022 | £99,497 | £98,500 | 74 STEEL STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 9 Dec 2014. Using an estimated price of £82,339 means this house is valued at £1,553 per sq meter (£144 per sq foot).
The average size of a house on STEEL STREET is 72 sq meters (777 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Steel Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Steel Street |
| Jun 2024 | Public order | Under investigation | On or near Steel Street |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Turnstone Crescent |
| Jun 2024 | Public order | Under investigation | On or near Alexander Place |