£363,148
This estimated value is based upon the latest sale price for the house of £337,000 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 |
---|---|
£337,000 | 30 Sep 2021 |
£272,000 | 8 May 2015 |
£225,000 | 28 Jan 2011 |
Detached |
Freehold |
Floor Area: 142 sq meters or 1,528 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 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £337,000 results in an estimated price of approximately £363,148.
30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £337,000 | £26,148 | £363,148 |
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 | -10.853 % | £-36,575 | £300,424 |
3 Month Average | 7.776 % | £26,204 | £363,204 |
6 Month Average | -1.109 % | £-3,737 | £333,262 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £25,324 | £25,000 | 8A SOUTERGATE |
4 Aug 2023 | £227,995 | £226,000 | 2 TOWN STREET |
10 Jul 2023 | £220,974 | £218,000 | 4 BACK LANE |
28 Apr 2023 | £262,830 | £260,000 | 5 AINSWORTH STREET |
5 Apr 2023 | £70,762 | £70,000 | OWL BARN BACK LANE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 21 Oct 2014. Using an estimated price of £363,149 means this house is valued at £2,557 per sq meter (£237 per sq foot).
The average size of a house on BACK LANE is 94 sq meters (1,012 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,528 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Back Lane | |
Jan 2024 | Anti-social behaviour | On or near Back Lane | |
Jan 2024 | Anti-social behaviour | On or near Back Lane | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mill Street |
Mar 2024 | Other crime | Under investigation | On or near Mill Street |