£425,131
This estimated value is based upon the latest sale price for the house of £345,000 on 7 Nov 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £345,000 | 7 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 November 2018 the House Price Index for CUMBRIA was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £345,000 results in an estimated price of approximately £425,131.
| 7 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £345,000 | £80,131 | £425,131 |
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 | 45.298 % | £156,277 | £501,277 |
| 3 Month Average | 22.593 % | £77,947 | £422,947 |
| 6 Month Average | 21.387 % | £73,785 | £418,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £248,342 | £245,000 | 24 WHITE STILES |
| 9 Jun 2023 | £354,292 | £350,000 | 1 MINT BRIDGE ROAD |
| 24 Feb 2023 | £199,866 | £200,000 | 14 WHITE STILES |
| 7 Feb 2023 | £114,923 | £115,000 | UNIT 11 CHANCEL PLACE SHAP ROAD INDUSTRIAL ESTATE |
| 12 Sep 2022 | £257,917 | £260,000 | 2 HUNTERS CROFT |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 24 Apr 2015. Using an estimated price of £425,132 means this house is valued at £2,592 per sq meter (£240 per sq foot).
The average size of a house on GILTHWAITERIGG LANE is 188 sq meters (2,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Hunters Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hunters Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hunters Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hunters Croft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hunters Croft |