£110,993
This estimated value is based upon the latest sale price for the house of £91,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£91,000 | 31 Jan 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 January 2020 the House Price Index for CUMBRIA was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £91,000 results in an estimated price of approximately £110,993.
31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £91,000 | £19,993 | £110,993 |
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 | 29.130 % | £26,508 | £117,508 |
3 Month Average | 18.901 % | £17,200 | £108,200 |
6 Month Average | 18.204 % | £16,566 | £107,566 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £126,878 | £125,000 | 84 LINGMOOR RISE |
12 Sep 2023 | £126,619 | £125,000 | 80 LINGMOOR RISE |
1 Sep 2023 | £76,984 | £76,000 | 120 LINGMOOR RISE |
17 Aug 2023 | £143,253 | £142,000 | 106 LINGMOOR RISE |
13 Feb 2023 | £90,439 | £90,500 | 118 LINGMOOR RISE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 24 Jun 2019. Using an estimated price of £110,994 means this house is valued at £2,412 per sq meter (£224 per sq foot).
The average size of a house on LINGMOOR RISE is 68 sq meters (736 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Local resolution | On or near Valley Drive |
Mar 2024 | Anti-social behaviour | On or near Littledale | |
Jan 2024 | Burglary | Under investigation | On or near Yealand Drive |
Jan 2024 | Burglary | Under investigation | On or near Yealand Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heron Close |