£363,436
This estimated value is based upon the latest sale price for the house of £240,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £240,000 | 15 Aug 2014 |
| £120,000 | 5 Jul 2013 |
| Detached |
| Freehold |
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 August 2014 the House Price Index for CUMBRIA was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £240,000 results in an estimated price of approximately £363,436.
| 15 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £240,000 | £123,436 | £363,436 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | 16.684 % | £40,042 | £280,042 |
| 3 Month Average | -0.369 % | £-886 | £239,113 |
| 6 Month Average | 11.270 % | £27,047 | £267,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £258,832 | £255,000 | 24 LOWTHER ROAD |
| 7 Jun 2023 | £217,636 | £215,000 | 9 CUMBERLAND CLOSE |
| 26 Aug 2022 | £59,839 | £60,000 | 19 EGREMONT STREET |
| 18 May 2022 | £270,089 | £265,000 | 7 DERWENTWATER CLOSE |
| 4 Mar 2022 | £222,796 | £215,000 | 32 MAINSGATE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Seathwaite Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mainsgate Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Egremont Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Egremont Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Egremont Street |