£601,942
This estimated value is based upon the latest sale price for the house of £135,000 on 30 Apr 1999. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £135,000 | 30 Apr 1999 |
| Detached |
| Freehold |
| Floor Area: 250 sq meters or 2,690 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 April 1999 the House Price Index for CUMBRIA was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £135,000 results in an estimated price of approximately £601,942.
| 30 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 148.6 | 345.883 % | £135,000 | £466,942 | £601,942 |
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 | 119.151 % | £160,854 | £295,854 |
| 3 Month Average | 316.690 % | £427,531 | £562,531 |
| 6 Month Average | 245.465 % | £331,377 | £466,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £223,001 | £220,000 | 225 RATING LANE |
| 12 Jul 2023 | £192,592 | £190,000 | 14 MEADOWLANDS AVENUE |
| 1 Sep 2022 | £263,869 | £266,000 | 25 HOLYOAKE AVENUE |
| 28 Feb 2022 | £251,687 | £240,000 | 11 SHEEPLANDS GROVE |
| 29 Sep 2021 | £360,993 | £335,000 | 9 KIRKSTALL CLOSE |
This house has a floor area of 250 sq meters or 2,690 sq feet when measured on 18 Aug 2016. Using an estimated price of £601,943 means this house is valued at £2,407 per sq meter (£223 per sq foot).
The average size of a house on RATING LANE is 121 sq meters (1,303 sq feet).
This house is the largest in the street with a floor area of 250 sq meters (2,690 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sheeplands Grove |
| Jan 2024 | Drugs | Under investigation | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Supermarket |