£474,778
This estimated value is based upon the latest sale price for the house of £270,000 on 24 May 2006. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £270,000 | 24 May 2006 |
| £112,500 | 20 Aug 1999 |
| £115,000 | 5 Mar 1997 |
| Detached |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 May 2006 the House Price Index for CUMBRIA was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £270,000 results in an estimated price of approximately £474,778.
| 24 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £270,000 | £204,778 | £474,778 |
The Postcode Pricing Model uses changes in average sales price within the LA9 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 | 99.614 % | £268,959 | £538,959 |
| 3 Month Average | 44.893 % | £121,210 | £391,210 |
| 6 Month Average | 50.877 % | £137,368 | £407,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £330,071 | £325,000 | 132 STAINBANK ROAD |
| 6 Sep 2023 | £184,057 | £180,000 | 7 ALDERCROFT |
| 23 Jun 2023 | £328,075 | £321,500 | 121 STAINBANK ROAD |
| 22 Jun 2023 | £255,061 | £249,950 | 128 STAINBANK ROAD |
| 30 Mar 2023 | £162,717 | £160,000 | 3 HEATH CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 28 Jan 2015. Using an estimated price of £474,779 means this house is valued at £4,239 per sq meter (£393 per sq foot).
The average size of a house on STAINBANK ROAD is 90 sq meters (970 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Underwood |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Echo Bank |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Echo Bank |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Echo Bank |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Echo Bank |