£309,807
This estimated value is based upon the latest sale price for the house of £287,500 on 22 Sep 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£287,500 | 22 Sep 2021 |
Detached |
Freehold |
Floor Area: 55 sq meters or 592 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 2021 the House Price Index for CUMBRIA was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £287,500 results in an estimated price of approximately £309,807.
22 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £287,500 | £22,307 | £309,807 |
The Postcode Pricing Model uses changes in average sales price within the LA9 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 | 44.618 % | £128,277 | £415,777 |
3 Month Average | 15.443 % | £44,399 | £331,899 |
6 Month Average | 9.733 % | £27,983 | £315,483 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £275,000 | £275,000 | 37 DUNMAIL DRIVE |
24 Nov 2023 | £233,456 | £230,000 | 28 LOUGHRIGG AVENUE |
20 Jan 2023 | £283,664 | £285,000 | 40 HERON HILL |
28 Jul 2022 | £250,675 | £250,000 | 9 LOUGHRIGG AVENUE |
24 Feb 2022 | £251,687 | £240,000 | 46 HERON HILL |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 1 Jul 2021. Using an estimated price of £309,808 means this house is valued at £5,632 per sq meter (£523 per sq foot).
The average size of a house on HERON HILL is 95 sq meters (1,030 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Hayfell Avenue | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Dunmail Drive |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dunmail Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wordsworth Drive |