£321,173
This estimated value is based upon the latest sale price for the house of £240,000 on 28 Sep 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £240,000 | 28 Sep 2016 |
| £108,000 | 24 Nov 2000 |
| £79,950 | 1 May 1997 |
| Detached |
| 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 September 2016 the House Price Index for CUMBRIA was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £240,000 results in an estimated price of approximately £321,173.
| 28 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £240,000 | £81,173 | £321,173 |
The Postcode Pricing Model uses changes in average sales price within the LA13 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 | 56.766 % | £136,238 | £376,238 |
| 3 Month Average | 28.620 % | £68,688 | £308,688 |
| 6 Month Average | 28.407 % | £68,177 | £308,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £283,685 | £278,000 | 8 YARLSIDE CRESCENT |
| 12 Apr 2022 | £311,227 | £300,000 | 12 GREY FRIAR CLOSE |
| 3 Mar 2022 | £167,029 | £160,000 | 27 GREY FRIAR CLOSE |
| 28 Jan 2022 | £233,244 | £220,000 | 36 GREY FRIAR CLOSE |
| 20 Sep 2021 | £135,691 | £124,995 | 3 BRIAR COURT |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 6 Jul 2016. Using an estimated price of £321,174 means this house is valued at £3,058 per sq meter (£284 per sq foot).
The average size of a house on GREY FRIAR CLOSE is 78 sq meters (840 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 |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Carmelite Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Almond Walk |
| Jul 2024 | Drugs | Local resolution | On or near Sherborne Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sherborne Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherborne Avenue |