£176,978
This estimated value is based upon the latest sale price for the house of £164,950 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £164,950 | 25 Jun 2021 |
| £131,500 | 6 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 2021 the House Price Index for CUMBRIA was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £164,950 results in an estimated price of approximately £176,978.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £164,950 | £12,028 | £176,978 |
The Postcode Pricing Model uses changes in average sales price within the LA13 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 | -49.107 % | £-81,002 | £83,947 |
| 3 Month Average | -12.993 % | £-21,432 | £143,517 |
| 6 Month Average | -13.353 % | £-22,025 | £142,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £147,582 | £145,000 | 28 HARE LANE |
| 20 Jul 2023 | £258,479 | £255,000 | 62 HARREL LANE |
| 13 Jul 2023 | £167,251 | £165,000 | 19 HARE LANE |
| 28 Apr 2023 | £163,763 | £162,000 | 9 HARE GHYLL |
| 17 Mar 2023 | £131,236 | £130,000 | 7 KENDALL CROFT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 7 Jul 2014. Using an estimated price of £176,979 means this house is valued at £2,011 per sq meter (£186 per sq foot).
The average size of a house on HARE LANE is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Supermarket |