£297,715
This estimated value is based upon the latest sale price for the house of £172,500 on 19 Apr 2011. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£172,500 | 19 Apr 2011 |
£131,000 | 22 Feb 2008 |
Terraced |
Freehold |
Floor Area: 130 sq meters or 1,403 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 April 2011 the House Price Index for CUMBRIA was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £172,500 results in an estimated price of approximately £297,715.
19 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 149.7 | 72.589 % | £172,500 | £125,215 | £297,715 |
The Postcode Pricing Model uses changes in average sales price within the CA7 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 | 12.859 % | £22,181 | £194,681 |
3 Month Average | 50.000 % | £86,250 | £258,750 |
6 Month Average | 35.601 % | £61,411 | £233,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 May 2024 | £100,000 | £100,000 | 3 THE OLD TANNERY REEDS LANE |
15 Dec 2023 | £94,917 | £92,000 | 2 THE OLD TANNERY REEDS LANE |
30 Nov 2023 | £110,300 | £107,500 | 2 HUDSONS BUILDINGS |
15 Sep 2023 | £81,803 | £80,000 | CORNER HOUSE REEDS LANE |
24 Aug 2023 | £142,571 | £140,000 | BURNFOOT COTTAGE BURNFOOT |
This house has a floor area of 130 sq meters or 1,403 sq feet when measured on 17 Apr 2009. Using an estimated price of £297,716 means this house is valued at £2,282 per sq meter (£212 per sq foot).
The average size of a house on MARKET HILL is 109 sq meters (1,179 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plaskett'S Lane |
Jul 2024 | Anti-social behaviour | On or near Plaskett'S Lane | |
Jul 2024 | Anti-social behaviour | On or near Plaskett'S Lane | |
Jul 2024 | Anti-social behaviour | On or near Plaskett'S Lane | |
Jul 2024 | Anti-social behaviour | On or near Plaskett'S Lane |