£244,557
This estimated value is based upon the latest sale price for the house of £236,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£236,000 | 25 Mar 2022 |
£185,000 | 19 Jul 2013 |
£160,000 | 11 Jun 2004 |
Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 March 2022 the House Price Index for CUMBRIA was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £236,000 results in an estimated price of approximately £244,557.
25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £236,000 | £8,557 | £244,557 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | -50.265 % | £-118,625 | £117,374 |
3 Month Average | -7.856 % | £-18,540 | £217,459 |
6 Month Average | 0.231 % | £544 | £236,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £252,206 | £250,000 | 23 ESK ROAD |
27 Apr 2023 | £262,830 | £260,000 | 4 SWINBURN DRIVE |
14 Apr 2023 | £225,427 | £223,000 | 10 PENTON CLOSE |
28 Feb 2023 | £263,822 | £264,000 | 3 SWINBURN DRIVE |
8 Nov 2022 | £122,516 | £124,000 | 9 GREENWOOD COURT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Jun 2013. Using an estimated price of £244,558 means this house is valued at £3,304 per sq meter (£307 per sq foot).
The average size of a house on SWINBURN DRIVE is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Oakshaw Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Brunstock Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernlea Way |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fernlea Way |
Feb 2024 | Other theft | Under investigation | On or near Bracken Close |