£117,940
This estimated value is based upon the latest sale price for the house of £43,000 on 9 Aug 2002. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £43,000 | 9 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,234 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 August 2002 the House Price Index for CUMBRIA was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £43,000 results in an estimated price of approximately £117,940.
| 9 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £43,000 | £74,940 | £117,940 |
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 | 156.404 % | £67,253 | £110,253 |
| 3 Month Average | 183.048 % | £78,710 | £121,710 |
| 6 Month Average | 172.403 % | £74,133 | £117,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £142,493 | £140,000 | 2 GRISEDALE CLOSE |
| 2 Nov 2023 | £152,254 | £150,000 | 64 HERDUS ROAD |
| 29 Sep 2023 | £93,192 | £92,000 | 29 HERDUS ROAD |
| 8 Sep 2023 | £101,295 | £100,000 | 37 HERDUS ROAD |
| 22 Aug 2023 | £67,087 | £66,500 | 17 WASDALE CLOSE |
This house has a floor area of 114 sq meters or 1,234 sq feet when measured on 9 Nov 2009. Using an estimated price of £117,941 means this house is valued at £1,028 per sq meter (£95 per sq foot).
The average size of a house on GRISEDALE CLOSE is 97 sq meters (1,049 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,234 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Awaiting court outcome | On or near Grisedale Close |
| Dec 2023 | Drugs | Awaiting court outcome | On or near Grisedale Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lorton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lorton Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lorton Close |