£207,163
This estimated value is based upon the latest sale price for the house of £172,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £172,000 | 13 Mar 2020 |
| £159,000 | 12 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2020 the House Price Index for CUMBRIA was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £172,000 results in an estimated price of approximately £207,163.
| 13 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £172,000 | £35,163 | £207,163 |
The Postcode Pricing Model uses changes in average sales price within the LA13 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 | -9.126 % | £-15,697 | £156,302 |
| 3 Month Average | 33.862 % | £58,241 | £230,241 |
| 6 Month Average | -0.396 % | £-681 | £171,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £253,757 | £250,000 | 6 LITCHMEAD GROVE |
| 11 Aug 2023 | £221,942 | £220,000 | 52 HOLLOW LANE |
| 12 Jul 2023 | £180,428 | £178,000 | 9 MONKS VALE GROVE |
| 5 Jun 2023 | £354,292 | £350,000 | 248 ABBEY ROAD |
| 20 Sep 2022 | £257,917 | £260,000 | 18 LITCHMEAD GROVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 21 Nov 2016. Using an estimated price of £207,163 means this house is valued at £2,959 per sq meter (£274 per sq foot).
The average size of a house on LITCHMEAD GROVE is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Litchmead Grove | |
| Feb 2024 | Anti-social behaviour | On or near Litchmead Grove | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |