£63,130
This estimated value is based upon the latest sale price for the house of £45,000 on 26 Nov 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£45,000 | 26 Nov 2015 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2015 the House Price Index for CUMBRIA was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £45,000 results in an estimated price of approximately £63,130.
26 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £45,000 | £18,130 | £63,130 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 50.722 % | £22,824 | £67,824 |
3 Month Average | 36.355 % | £16,359 | £61,359 |
6 Month Average | 36.640 % | £16,487 | £61,487 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £80,701 | £80,000 | 23 SMEATON STREET |
8 Mar 2024 | £35,546 | £35,000 | 28 TELFORD STREET |
28 Sep 2023 | £61,352 | £60,000 | 15 SMEATON STREET |
14 Jun 2023 | £71,431 | £70,000 | 29 TELFORD STREET |
9 Jun 2023 | £78,575 | £77,000 | 30 SMEATON STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Jun 2015. Using an estimated price of £63,130 means this house is valued at £928 per sq meter (£86 per sq foot).
The average size of a house on TELFORD STREET is 82 sq meters (886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Telford Street |
Oct 2024 | Bicycle theft | Under investigation | On or near Penarth Street |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Penarth Street |
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Penarth Street |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Penarth Street |