£455,243
This estimated value is based upon the latest sale price for the house of £93,000 on 22 Dec 1997. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There have been two burglaries within the last year on or near Gillinggate
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £93,000 | 22 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 December 1997 the House Price Index for CUMBRIA was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £93,000 results in an estimated price of approximately £455,243.
| 22 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £93,000 | £362,243 | £455,243 |
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 | 313.177 % | £291,254 | £384,254 |
| 3 Month Average | 298.515 % | £277,618 | £370,618 |
| 6 Month Average | 306.441 % | £284,989 | £377,989 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £329,884 | £325,000 | 66 GILLINGGATE |
| 10 Nov 2023 | £243,099 | £239,500 | 59 CAPTAIN FRENCH LANE |
| 19 Jun 2023 | £240,412 | £237,500 | 62 CAPTAIN FRENCH LANE |
| 14 Jun 2023 | £506,131 | £500,000 | 40 GILLINGGATE |
| 19 Aug 2022 | £309,168 | £310,000 | 81 CAPTAIN FRENCH LANE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 5 Mar 2019. Using an estimated price of £455,244 means this house is valued at £3,701 per sq meter (£343 per sq foot).
The average size of a house on GILLINGGATE is 140 sq meters (1,512 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gillinggate |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gillinggate |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near East View |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Well Ings |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Well Ings |