£66,998
This estimated value is based upon the latest sale price for the house of £55,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £55,000 | 24 Jul 2020 |
| £60,000 | 27 Oct 2017 |
| £72,500 | 19 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 774 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 July 2020 the House Price Index for CUMBRIA was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £55,000 results in an estimated price of approximately £66,998.
| 24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £55,000 | £11,998 | £66,998 |
The Postcode Pricing Model uses changes in average sales price within the CA20 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 | 1.997 % | £1,098 | £56,098 |
| 3 Month Average | 4.438 % | £2,441 | £57,441 |
| 6 Month Average | 3.485 % | £1,916 | £56,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £260,000 | £260,000 | KALYAN THE BANKS |
| 14 Dec 2023 | £157,335 | £152,500 | 5 LINKS CRESCENT |
| 6 Mar 2023 | £233,855 | £229,950 | 17 LINKS CRESCENT |
| 3 Nov 2022 | £259,894 | £261,109 | 19 LINKS CRESCENT |
| 14 Apr 2022 | £134,860 | £129,995 | HOPE COTTAGE THE BANKS |
This house has a floor area of 71 sq meters or 774 sq feet when measured on 6 Apr 2010. Using an estimated price of £66,998 means this house is valued at £931 per sq meter (£86 per sq foot).
The average size of a house on THE BANKS is 175 sq meters (1,890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Green Close |
| Aug 2024 | Other crime | Under investigation | On or near The Bridles |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Albert Street |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Albert Street |
| Jul 2024 | Public order | Further investigation is not in the public interest | On or near Albert Street |