£219,548
This estimated value is based upon the latest sale price for the house of £180,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There have been two burglaries within the last year on or near Gillinggate
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| Price Paid | Date |
|---|---|
| £180,000 | 17 Jan 2020 |
| £140,000 | 15 Dec 2014 |
| £125,000 | 18 Aug 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 January 2020 the House Price Index for CUMBRIA was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £180,000 results in an estimated price of approximately £219,548.
| 17 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £180,000 | £39,548 | £219,548 |
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 | 29.130 % | £52,434 | £232,434 |
| 3 Month Average | 18.901 % | £34,022 | £214,022 |
| 6 Month Average | 18.204 % | £32,767 | £212,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £329,884 | £325,000 | 66 GILLINGGATE |
| 19 Jun 2023 | £240,412 | £237,500 | 62 CAPTAIN FRENCH LANE |
| 14 Jun 2023 | £506,131 | £500,000 | 40 GILLINGGATE |
| 1 Feb 2023 | £219,852 | £220,000 | 20 GREENGATE |
| 11 Jul 2022 | £188,858 | £188,350 | 3 GILLING GROVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Aug 2013. Using an estimated price of £219,549 means this house is valued at £2,439 per sq meter (£226 per sq foot).
The average size of a house on GREENGATE LANE is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gillinggate |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gillinggate |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Capper Close |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Capper Close |
| Feb 2024 | Shoplifting | Awaiting court outcome | On or near Capper Close |