£83,568
This estimated value is based upon the latest sale price for the house of £82,500 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Bank Lane
More crime details
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| Price Paid | Date |
|---|---|
| £82,500 | 15 Sep 2023 |
| £60,000 | 14 Jan 1998 |
| Freehold |
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 2023 the House Price Index for CUMBRIA was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £82,500 results in an estimated price of approximately £83,568.
| 15 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £82,500 | £1,068 | £83,568 |
The Postcode Pricing Model uses changes in average sales price within the CA22 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 | -2.007 % | £-1,655 | £80,844 |
| 3 Month Average | 2.693 % | £2,221 | £84,721 |
| 6 Month Average | 36.805 % | £30,364 | £112,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £101,245 | £99,950 | 16 MAIN STREET |
| 15 Sep 2023 | £100,282 | £99,000 | 50 MAIN STREET |
| 15 Sep 2023 | £83,569 | £82,500 | 52 MAIN STREET |
| 5 Sep 2023 | £44,570 | £44,000 | 17 - 18 MAIN STREET |
| 24 Apr 2023 | £80,871 | £80,000 | 8 ST BRIDGETS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bank Lane |
| Mar 2024 | Anti-social behaviour | On or near Bank Lane | |
| Mar 2024 | Anti-social behaviour | On or near Bank Lane | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bank Lane |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Bank Lane |