£297,603
This estimated value is based upon the latest sale price for the house of £295,000 on 10 Aug 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£295,000 | 10 Aug 2023 |
£259,000 | 25 Apr 2019 |
£197,500 | 23 Dec 2015 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 August 2023 the House Price Index for CUMBRIA was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £295,000 results in an estimated price of approximately £297,603.
10 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.3 | 148.6 | 0.883 % | £295,000 | £2,603 | £297,603 |
The Postcode Pricing Model uses changes in average sales price within the LA9 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 | -9.043 % | £-26,676 | £268,323 |
3 Month Average | -3.708 % | £-10,937 | £284,062 |
6 Month Average | -3.285 % | £-9,691 | £285,308 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £357,797 | £352,500 | 32 LINGMOOR RISE |
15 Sep 2023 | £285,652 | £282,000 | 36 LINGMOOR RISE |
10 Aug 2023 | £297,604 | £295,000 | 22 MAYFIELD DRIVE |
12 Aug 2022 | £329,114 | £330,000 | 35 MAYFIELD DRIVE |
6 May 2022 | £234,417 | £230,000 | 16 LINGMOOR RISE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 May 2015. Using an estimated price of £297,604 means this house is valued at £4,191 per sq meter (£389 per sq foot).
The average size of a house on MAYFIELD DRIVE is 98 sq meters (1,057 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Local resolution | On or near Valley Drive |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Derwent Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heron Close |
Mar 2024 | Anti-social behaviour | On or near Littledale | |
Jan 2024 | Other crime | Under investigation | On or near Bluebell Close |