£197,816
This estimated value is based upon the latest sale price for the house of £140,000 on 18 Sep 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £140,000 | 18 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2015 the House Price Index for CUMBRIA was 104.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 41.298%.Applying this 41.298% change to the original purchase price of £140,000 results in an estimated price of approximately £197,816.
| 18 Sep 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.0 | 41.298 % | £140,000 | £57,816 | £197,816 |
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 | 48.761 % | £68,265 | £208,265 |
| 3 Month Average | 26.052 % | £36,472 | £176,472 |
| 6 Month Average | 28.041 % | £39,256 | £179,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Apr 2022 | £102,564 | £100,000 | 8 BUCCLEUCH COURT |
| 3 Sep 2021 | £312,313 | £291,000 | 64 PARK AVENUE |
| 24 Aug 2021 | £1,111 | £1,000 | 4 BUCCLEUCH COURT |
| 31 Jan 2020 | £143,339 | £117,995 | 11 SUTHERLAND STREET |
| 14 Jan 2020 | £151,849 | £125,000 | 149 PARK AVENUE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 19 May 2015. Using an estimated price of £197,817 means this house is valued at £1,521 per sq meter (£141 per sq foot).
The average size of a house on PARK AVENUE is 126 sq meters (1,364 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Park Avenue |
| Apr 2024 | Drugs | Local resolution | On or near Gradwell Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gradwell Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gradwell Court |
| Mar 2024 | Burglary | Under investigation | On or near Gradwell Court |