£619,158
This estimated value is based upon the latest sale price for the house of £120,950 on 2 Jul 1997. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£120,950 | 2 Jul 1997 |
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 July 1997 the House Price Index for CUMBRIA was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £120,950 results in an estimated price of approximately £619,158.
2 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 149.7 | 411.913 % | £120,950 | £498,208 | £619,158 |
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 | 374.502 % | £452,960 | £573,910 |
3 Month Average | 299.924 % | £362,757 | £483,707 |
6 Month Average | 309.122 % | £373,883 | £494,833 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £122,789 | £120,000 | 6 CHERRY TREE CRESCENT |
8 Sep 2023 | £584,382 | £571,500 | 7 OAKWOOD |
4 Sep 2023 | £265,861 | £260,000 | 48 GREENWOOD |
20 Jun 2023 | £265,883 | £260,555 | 17 GREENWOOD |
22 Jul 2022 | £140,407 | £139,000 | 4 CHERRY TREE CRESCENT |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Greenwood |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Tree Crescent |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Tree Crescent |
May 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Crescent |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brackenwood |