£222,732
This estimated value is based upon the latest sale price for the house of £181,000 on 14 Aug 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £181,000 | 14 Aug 2019 |
| £82,000 | 17 May 2002 |
| £56,000 | 22 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2019 the House Price Index for CUMBRIA was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £181,000 results in an estimated price of approximately £222,732.
| 14 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £181,000 | £41,732 | £222,732 |
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 | 38.823 % | £70,269 | £251,269 |
| 3 Month Average | 22.523 % | £40,766 | £221,766 |
| 6 Month Average | 24.551 % | £44,437 | £225,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £230,000 | £230,000 | 2 JAMIESON PLACE |
| 28 Apr 2023 | £225,427 | £223,000 | 9 ROSEMARY LANE |
| 15 Feb 2023 | £232,843 | £233,000 | 8 SPRING GARDENS |
| 30 Sep 2022 | £218,238 | £220,000 | 7 FOUNTAIN BROW |
| 15 Jul 2022 | £563,266 | £561,750 | 81 SERPENTINE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 30 Apr 2018. Using an estimated price of £222,732 means this house is valued at £3,907 per sq meter (£363 per sq foot).
The average size of a house on SPRING GARDENS is 70 sq meters (754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Serpentine Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Serpentine Road |
| Feb 2024 | Shoplifting | Under investigation | On or near Parking Area |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Middle Lane |