£114,640
This estimated value is based upon the latest sale price for the house of £106,000 on 18 Nov 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £106,000 | 18 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 November 2021 the House Price Index for CUMBRIA was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £106,000 results in an estimated price of approximately £114,640.
| 18 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £106,000 | £8,640 | £114,640 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | -36.479 % | £-38,667 | £67,332 |
| 3 Month Average | -33.863 % | £-35,894 | £70,105 |
| 6 Month Average | -21.887 % | £-23,199 | £82,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £164,439 | £163,000 | 55 BRACKEN RIDGE |
| 10 Aug 2023 | £138,209 | £137,000 | 58 BRIAR BANK |
| 16 Jun 2023 | £413,509 | £408,500 | 5 TROON CLOSE |
| 24 Feb 2023 | £93,937 | £94,000 | 29 DENE CRESCENT |
| 20 Jan 2023 | £129,390 | £130,000 | 5 KIRKBRAE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Jun 2015. Using an estimated price of £114,640 means this house is valued at £1,364 per sq meter (£126 per sq foot).
The average size of a house on BRIAR BANK is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Briar Bank |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Briar Bank |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bracken Ridge |
| Feb 2024 | Anti-social behaviour | On or near Kirkbrae | |
| Feb 2024 | Anti-social behaviour | On or near Kirkbrae |