£220,259
This estimated value is based upon the latest sale price for the house of £185,500 on 21 Sep 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £185,500 | 21 Sep 2020 |
| £158,000 | 20 Jul 2009 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2020 the House Price Index for CUMBRIA was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £185,500 results in an estimated price of approximately £220,259.
| 21 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £185,500 | £34,759 | £220,259 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | 21.131 % | £39,198 | £224,698 |
| 3 Month Average | 18.494 % | £34,305 | £219,805 |
| 6 Month Average | 14.200 % | £26,340 | £211,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £93,698 | £92,500 | 12 TURNSTONE DRIVE |
| 7 Jun 2023 | £217,636 | £215,000 | 57 TURNSTONE DRIVE |
| 30 Jan 2023 | £213,992 | £215,000 | 47 TURNSTONE DRIVE |
| 20 Jan 2023 | £228,922 | £230,000 | 48 TURNSTONE DRIVE |
| 30 Nov 2022 | £182,786 | £185,000 | 49 TURNSTONE DRIVE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 25 Jun 2019. Using an estimated price of £220,259 means this house is valued at £1,984 per sq meter (£184 per sq foot).
The average size of a house on MERLIN COURT is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Harvey Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridge Road |