£670,202
This estimated value is based upon the latest sale price for the house of £550,000 on 12 Feb 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£550,000 | 12 Feb 2020 |
Freehold |
Floor Area: 163 sq meters or 1,754 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 February 2020 the House Price Index for CUMBRIA was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £550,000 results in an estimated price of approximately £670,202.
12 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.0 | 21.855 % | £550,000 | £120,202 | £670,202 |
The Postcode Pricing Model uses changes in average sales price within the LA22 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 | -58.120 % | £-319,658 | £230,341 |
3 Month Average | 2.052 % | £11,286 | £561,286 |
6 Month Average | -1.264 % | £-6,951 | £543,048 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £371,254 | £370,000 | 2 THE BRANDRITH LAKE ROAD |
16 Aug 2023 | £751,067 | £746,500 | 8 WATERHEAD CLOSE |
3 Jul 2023 | £388,677 | £385,000 | 7 WATERHEAD TERRACE |
7 Sep 2022 | £573,031 | £580,000 | OLD FARM COTTAGE |
28 Jul 2022 | £525,290 | £526,000 | FLAT 3 BRAESIDE SKELGHYLL LANE |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 28 Nov 2019. Using an estimated price of £670,202 means this house is valued at £4,111 per sq meter (£381 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mciver Close |
Apr 2024 | Shoplifting | Under investigation | On or near Lake Road |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Lake Road |
Apr 2024 | Shoplifting | Under investigation | On or near Lake Road |
Apr 2024 | Other theft | Under investigation | On or near The Borrans |