£319,768
This estimated value is based upon the latest sale price for the house of £260,000 on 4 Sep 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £260,000 | 4 Sep 2018 |
| £215,000 | 11 Dec 2015 |
| £80,000 | 25 Sep 2012 |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2018 the House Price Index for CUMBRIA was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £260,000 results in an estimated price of approximately £319,768.
| 4 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £260,000 | £59,768 | £319,768 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 11.160 % | £29,015 | £289,015 |
| 3 Month Average | 18.875 % | £49,075 | £309,075 |
| 6 Month Average | 8.387 % | £21,806 | £281,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £203,236 | £202,000 | 5 VICTORIA ROAD |
| 12 Apr 2023 | £168,754 | £167,500 | 26 VICTORIA ROAD |
| 23 Feb 2023 | £149,294 | £150,000 | 17 READ DRIVE |
| 20 Jul 2022 | £199,730 | £200,000 | 39 VICTORIA ROAD |
| 20 Jul 2022 | £334,548 | £335,000 | 79 LOOP ROAD NORTH |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 23 Oct 2015. Using an estimated price of £319,769 means this house is valued at £2,578 per sq meter (£239 per sq foot).
The average size of a house on VICTORIA ROAD is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Victoria Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Earl'S Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crosfield Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Close |
| Apr 2024 | Drugs | Local resolution | On or near Petrol Station |