£198,751
This estimated value is based upon the latest sale price for the house of £148,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £148,000 | 27 May 2016 |
| £120,000 | 4 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 May 2016 the House Price Index for CUMBRIA was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £148,000 results in an estimated price of approximately £198,751.
| 27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £148,000 | £50,751 | £198,751 |
The Postcode Pricing Model uses changes in average sales price within the CA11 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 | 27.289 % | £40,387 | £188,387 |
| 3 Month Average | 39.965 % | £59,148 | £207,148 |
| 6 Month Average | 38.959 % | £57,658 | £205,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £85,750 | £85,000 | NORTH FRIARAGE FRIARGATE |
| 7 Aug 2023 | £171,500 | £170,000 | 25 FOLLY LANE |
| 21 Jul 2023 | £187,524 | £185,000 | 5 FOLLY LANE |
| 23 Jun 2023 | £156,901 | £155,000 | APARTMENT 46 PELE COURT FRIARGATE |
| 23 Jun 2023 | £156,901 | £155,000 | APARTMENT 19 PELE COURT FRIARGATE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 7 Apr 2016. Using an estimated price of £198,751 means this house is valued at £2,966 per sq meter (£275 per sq foot).
The average size of a house on FOLLY LANE is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Friars Road |
| Mar 2024 | Public order | Under investigation | On or near Friars Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Friars Road |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Friars Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Friars Road |