£225,887
This estimated value is based upon the latest sale price for the house of £120,000 on 5 Nov 2004. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£120,000 | 5 Nov 2004 |
Semi-Detached |
Freehold |
Floor Area: 65 sq meters or 705 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 2004 the House Price Index for CUMBRIA was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £120,000 results in an estimated price of approximately £225,887.
5 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £120,000 | £105,887 | £225,887 |
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 | 80.185 % | £96,222 | £216,222 |
3 Month Average | 59.079 % | £70,895 | £190,895 |
6 Month Average | 61.761 % | £74,112 | £194,112 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £242,095 | £239,000 | 4 VICARS FIELDS |
5 Sep 2023 | £187,396 | £185,000 | 32 ECHO BARN HILL |
25 Aug 2023 | £207,818 | £206,000 | 47 WELL INGS |
8 Apr 2023 | £192,068 | £190,000 | 49 GREENGATE LANE |
24 Mar 2023 | £280,139 | £277,500 | 152 VICARAGE DRIVE |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 19 Jan 2012. Using an estimated price of £225,887 means this house is valued at £3,446 per sq meter (£320 per sq foot).
The average size of a house on HILL CLOSE is 115 sq meters (1,241 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Local resolution | On or near Hill Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Echo Barn Hill |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Long Close |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Well Ings |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Well Ings |