£111,430
This estimated value is based upon the latest sale price for the house of £110,000 on 16 Nov 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £110,000 | 16 Nov 2023 |
| £69,000 | 8 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2023 the House Price Index for CUMBRIA was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £110,000 results in an estimated price of approximately £111,430.
| 16 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £110,000 | £1,430 | £111,430 |
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 | -10.946 % | £-12,040 | £97,959 |
| 3 Month Average | -11.332 % | £-12,464 | £97,535 |
| 6 Month Average | -8.352 % | £-9,187 | £100,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £76,446 | £75,000 | 71 GLOUCESTER STREET |
| 16 Nov 2023 | £111,431 | £110,000 | 7 ROCHESTER PLACE |
| 3 Jul 2023 | £121,146 | £120,000 | 63 WORCESTER STREET |
| 30 Jun 2023 | £156,267 | £155,000 | 146 WORCESTER STREET |
| 30 Jun 2023 | £65,531 | £65,000 | 92 GLOUCESTER STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Jun 2012. Using an estimated price of £111,431 means this house is valued at £1,688 per sq meter (£156 per sq foot).
The average size of a house on ROCHESTER PLACE is 96 sq meters (1,036 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Worcester Street |
| Apr 2024 | Drugs | Offender given a caution | On or near Gloucester Street |
| Mar 2024 | Other theft | Further investigation is not in the public interest | On or near Gloucester Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gloucester Street |
| Feb 2024 | Other crime | Local resolution | On or near Gloucester Street |