£841,357
This estimated value is based upon the latest sale price for the house of £820,000 on 1 Nov 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £820,000 | 1 Nov 2023 |
| £390,000 | 29 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 219 sq meters or 2,357 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 2023 the House Price Index for CUMBRIA was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £820,000 results in an estimated price of approximately £841,357.
| 1 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £820,000 | £21,357 | £841,357 |
The Postcode Pricing Model uses changes in average sales price within the LA16 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 | -42.893 % | £-351,726 | £468,273 |
| 3 Month Average | -11.534 % | £-94,575 | £725,424 |
| 6 Month Average | 12.706 % | £104,187 | £924,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £121,051 | £120,000 | 10 HOLLOWGATE |
| 8 Nov 2023 | £256,511 | £250,000 | 21 ABBEY HEIGHTS |
| 1 Nov 2023 | £841,357 | £820,000 | 17 PARADISE |
| 6 Oct 2023 | £145,812 | £142,500 | THE BARN HOUSE SAVES LANE |
| 27 Sep 2023 | £240,399 | £235,100 | 1 ABBEY HEIGHTS |
This house has a floor area of 219 sq meters or 2,357 sq feet when measured on 20 Aug 2021. Using an estimated price of £841,357 means this house is valued at £3,841 per sq meter (£356 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Tippin'S Lane | |
| May 2024 | Anti-social behaviour | On or near Tippin'S Lane | |
| May 2024 | Anti-social behaviour | On or near Tippin'S Lane | |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sun Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Sun Street |