£228,174
This estimated value is based upon the latest sale price for the house of £185,000 on 19 Jul 2019. 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 Castle Rise
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| Price Paid | Date |
|---|---|
| £185,000 | 19 Jul 2019 |
| £157,000 | 28 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 July 2019 the House Price Index for CUMBRIA was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £185,000 results in an estimated price of approximately £228,174.
| 19 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £185,000 | £43,174 | £228,174 |
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 | 21.579 % | £39,921 | £224,921 |
| 3 Month Average | 29.801 % | £55,131 | £240,131 |
| 6 Month Average | 26.285 % | £48,627 | £233,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £237,149 | £233,000 | 8 CASTLE OVAL |
| 10 Nov 2023 | £370,485 | £365,000 | 44 VALLEY DRIVE |
| 10 Nov 2023 | £274,057 | £270,000 | 34 VALLEY DRIVE |
| 29 Sep 2023 | £288,691 | £285,000 | 4 CASTLE RISE |
| 25 Jul 2023 | £304,093 | £300,000 | 41 CASTLE OVAL |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 22 May 2015. Using an estimated price of £228,174 means this house is valued at £3,169 per sq meter (£294 per sq foot).
The average size of a house on CASTLE RISE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Castle Rise |
| Jan 2024 | Burglary | Under investigation | On or near Castle Rise |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Castle Dale |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Close |
| Mar 2024 | Burglary | Under investigation | On or near Castle Oval |