£326,369
This estimated value is based upon the latest sale price for the house of £218,000 on 2 Oct 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £218,000 | 2 Oct 2014 |
| £218,000 | 2 Oct 2007 |
| Terraced |
| 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 October 2014 the House Price Index for CUMBRIA was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £218,000 results in an estimated price of approximately £326,369.
| 2 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £218,000 | £108,369 | £326,369 |
The Postcode Pricing Model uses changes in average sales price within the CA12 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 | 24.361 % | £53,107 | £271,107 |
| 3 Month Average | 30.666 % | £66,851 | £284,851 |
| 6 Month Average | 25.057 % | £54,625 | £272,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £1,129,885 | £1,120,000 | THE COACH HOUSE CHESTNUT HILL |
| 17 Jul 2023 | £309,161 | £305,000 | 4 CHESTNUT PARK |
| 28 Sep 2022 | £581,306 | £586,000 | WOODSIDE PENRITH ROAD |
| 16 May 2022 | £575,850 | £565,000 | FERNBANK PENRITH ROAD |
| 14 Apr 2022 | £267,748 | £260,000 | 70 LATRIGG CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Apr 2012. Using an estimated price of £326,369 means this house is valued at £4,662 per sq meter (£433 per sq foot).
The average size of a house on LATRIGG CLOSE is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Latrigg Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Netherfield |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Netherfield |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Netherfield |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Netherfield |