£197,567
This estimated value is based upon the latest sale price for the house of £125,000 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £125,000 | 24 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 August 2007 the House Price Index for CUMBRIA was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £125,000 results in an estimated price of approximately £197,567.
| 24 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £125,000 | £72,567 | £197,567 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 11.604 % | £14,505 | £139,505 |
| 3 Month Average | 24.864 % | £31,080 | £156,080 |
| 6 Month Average | 32.795 % | £40,993 | £165,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £281,199 | £275,000 | ST JOHNS VICARAGE JAMES WATT TERRACE |
| 2 Sep 2023 | £155,435 | £152,009 | PORT OFFICE ASSOCIATED BRITISH PORTS RAMSDEN DOCK ROAD |
| 25 Aug 2023 | £157,847 | £155,000 | 17 JAMES WATT TERRACE |
| 17 Mar 2023 | £95,596 | £94,000 | 4 JAMES WATT TERRACE |
| 8 Jun 2022 | £132,840 | £130,000 | 12 JAMES WATT TERRACE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Nov 2018. Using an estimated price of £197,568 means this house is valued at £1,918 per sq meter (£178 per sq foot).
The average size of a house on JAMES WATT TERRACE is 114 sq meters (1,236 sq feet).