£514,721
This estimated value is based upon the latest sale price for the house of £400,000 on 8 May 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £400,000 | 8 May 2017 |
| Detached |
| Freehold |
| Floor Area: 207 sq meters or 2,228 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 May 2017 the House Price Index for CUMBRIA was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £400,000 results in an estimated price of approximately £514,721.
| 8 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £400,000 | £114,721 | £514,721 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | -15.071 % | £-60,284 | £339,715 |
| 3 Month Average | 2.636 % | £10,545 | £410,545 |
| 6 Month Average | 12.868 % | £51,473 | £451,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £392,519 | £387,500 | 2 CROSLANDS VILLAS |
| 10 Feb 2023 | £189,872 | £190,000 | 4 DANE AVENUE |
| 29 Jun 2022 | £284,014 | £280,000 | 8 WHEATCLOSE ROAD |
| 16 Feb 2022 | £314,608 | £300,000 | 19 NORLAND AVENUE |
| 4 Feb 2022 | £267,417 | £255,000 | 19 YEALAND DRIVE |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 3 Sep 2014. Using an estimated price of £514,721 means this house is valued at £2,486 per sq meter (£231 per sq foot).
The average size of a house on DANE AVENUE is 128 sq meters (1,388 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Hartland Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wheatclose Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wheatclose Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Road |
| Mar 2024 | Public order | Under investigation | On or near Redmayne Avenue |