£177,802
This estimated value is based upon the latest sale price for the house of £165,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £165,000 | 17 Sep 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 £165,000 results in an estimated price of approximately £177,802.
| 17 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £165,000 | £12,802 | £177,802 |
The Postcode Pricing Model uses changes in average sales price within the CA13 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 | 40.256 % | £66,422 | £231,422 |
| 3 Month Average | 26.556 % | £43,816 | £208,816 |
| 6 Month Average | 8.966 % | £14,793 | £179,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £182,597 | £181,000 | 3 WHITESIDE AVENUE |
| 10 Mar 2023 | £39,371 | £39,000 | BUTTERMERE WASTE LANE |
| 13 Jan 2023 | £124,414 | £125,000 | 38 MELBREAK AVENUE |
| 16 Nov 2022 | £269,486 | £272,750 | 13 BELLBRIGG LONNING |
| 19 Aug 2022 | £179,517 | £180,000 | 44 MELBREAK AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 Jun 2021. Using an estimated price of £177,803 means this house is valued at £1,891 per sq meter (£175 per sq foot).
The average size of a house on MELBREAK AVENUE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Whiteside Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kirkfell Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Windmill Close |