£376,284
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Sep 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £250,000 | 4 Sep 2014 |
| £187,500 | 12 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,277 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 September 2014 the House Price Index for CUMBRIA was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £250,000 results in an estimated price of approximately £376,284.
| 4 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £250,000 | £126,284 | £376,284 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 27.883 % | £69,706 | £319,706 |
| 3 Month Average | 24.825 % | £62,062 | £312,062 |
| 6 Month Average | 17.700 % | £44,249 | £294,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £172,555 | £170,000 | 136 VICTORIA ROAD |
| 25 Sep 2023 | £257,796 | £254,500 | 115 RANNERDALE DRIVE |
| 21 Jul 2023 | £251,890 | £248,500 | 91 RANNERDALE DRIVE |
| 18 Jul 2023 | £263,496 | £259,950 | 113 RANNERDALE DRIVE |
| 30 Jun 2023 | £177,146 | £175,000 | 120 VICTORIA ROAD |
This house has a floor area of 118 sq meters or 1,277 sq feet when measured on 15 Mar 2012. Using an estimated price of £376,285 means this house is valued at £3,170 per sq meter (£294 per sq foot).
The average size of a house on ROSEMARY CLOSE is 147 sq meters (1,587 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Victoria Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Mount |
| Apr 2024 | Drugs | Local resolution | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |