£81,417
This estimated value is based upon the latest sale price for the house of £75,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Albert Road
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| Price Paid | Date |
|---|---|
| £75,000 | 30 Sep 2021 |
| £45,000 | 22 Jul 2016 |
| £72,000 | 24 Aug 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 465 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 £75,000 results in an estimated price of approximately £81,417.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £75,000 | £6,417 | £81,417 |
The Postcode Pricing Model uses changes in average sales price within the LA11 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 | 31.606 % | £23,704 | £98,704 |
| 3 Month Average | 42.416 % | £31,812 | £106,812 |
| 6 Month Average | -4.754 % | £-3,565 | £71,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £492,502 | £480,000 | CULAG, 9 THE ESPLANADE |
| 4 Oct 2023 | £363,250 | £355,000 | FLAT 11 CROWN HILL MAIN STREET |
| 29 Sep 2023 | £76,691 | £75,000 | 14 STRAND COURT THE ESPLANADE |
| 27 Sep 2023 | £170,518 | £166,759 | 1 LOWTHER GARDENS |
| 26 Sep 2023 | £107,367 | £105,000 | 3 STRAND COURT THE ESPLANADE |
This house has a floor area of 43 sq meters or 465 sq feet when measured on 19 May 2010. Using an estimated price of £81,418 means this house is valued at £1,884 per sq meter (£175 per sq foot).
The average size of a house on THE ESPLANADE is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Albert Road |
| Aug 2024 | Other crime | Under investigation | On or near Church Hill |
| Sep 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernleigh Road |