£410,970
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Sep 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£250,000 | 30 Sep 2013 |
£125,000 | 31 May 2001 |
Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 September 2013 the House Price Index for CUMBRIA was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £250,000 results in an estimated price of approximately £410,970.
30 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.388 % | £250,000 | £160,970 | £410,970 |
The Postcode Pricing Model uses changes in average sales price within the LA15 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 | 14.469 % | £36,173 | £286,173 |
3 Month Average | 7.469 % | £18,671 | £268,671 |
6 Month Average | 17.912 % | £44,781 | £294,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £144,134 | £142,000 | 35 CORONATION DRIVE |
28 Jul 2023 | £167,251 | £165,000 | 29 GREYSTONE LANE |
30 Jun 2023 | £278,372 | £275,000 | 7 GREYSTONE MOUNT |
24 Feb 2023 | £174,882 | £175,000 | 35 KESTREL DRIVE |
18 Oct 2022 | £156,317 | £158,000 | 59 CORONATION DRIVE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 7 Jun 2013. Using an estimated price of £410,970 means this house is valued at £3,636 per sq meter (£337 per sq foot).
The average size of a house on GREYSTONE LANE is 112 sq meters (1,208 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Merlin Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Ullswater Close |