£119,918
This estimated value is based upon the latest sale price for the house of £120,000 on 7 Jul 2023. This value is then adjusted by the current Official House Price Index for CUMBERLAND 1
There have been two burglaries within the last year on or near Spenser Close
More crime details
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| Price Paid | Date |
|---|---|
| £120,000 | 7 Jul 2023 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CUMBERLAND to estimate the market value.
When this house was purchased in July 2023 the House Price Index for CUMBERLAND was 146.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.068%.Applying this -0.068% change to the original purchase price of £120,000 results in an estimated price of approximately £119,918.
| 7 Jul 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 146.7 | -0.068 % | £120,000 | £-81 | £119,918 |
The Postcode Pricing Model uses changes in average sales price within the CA22 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 | 100.000 % | £120,000 | £240,000 |
| 3 Month Average | 47.394 % | £56,872 | £176,872 |
| 6 Month Average | 27.929 % | £33,514 | £153,514 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Awaiting court outcome | On or near Spenser Close |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Spenser Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spenser Close |
| Jan 2024 | Shoplifting | Under investigation | On or near Spenser Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spenser Close |