£134,610
This estimated value is based upon the latest sale price for the house of £124,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £124,000 | 30 Sep 2021 |
| £79,000 | 28 Nov 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 456 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 2021 the House Price Index for CUMBRIA was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £124,000 results in an estimated price of approximately £134,610.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £124,000 | £10,610 | £134,610 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | -9.250 % | £-11,469 | £112,530 |
| 3 Month Average | 15.724 % | £19,498 | £143,498 |
| 6 Month Average | -8.864 % | £-10,991 | £113,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £312,716 | £310,000 | 24 LYNDHURST ROAD |
| 8 Dec 2023 | £851,154 | £825,000 | PINE RIGG SPRINGFIELD ROAD |
| 29 Sep 2023 | £462,700 | £452,500 | 1 RICHMOND TERRACE |
| 25 Sep 2023 | £173,832 | £170,000 | 23 LYNDHURST ROAD |
| 12 Sep 2023 | £480,594 | £470,000 | LOW WILLOWS MAYFIELD ROAD |
This house has a floor area of 42 sq meters or 456 sq feet when measured on 23 Oct 2008. Using an estimated price of £134,611 means this house is valued at £3,174 per sq meter (£294 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 107 sq meters (1,159 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Springfield Avenue |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Springfield Avenue |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Springfield Road |
| Jun 2024 | Other crime | Further investigation is not in the public interest | On or near Springfield Road |