£237,070
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £220,000 | 30 Sep 2021 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 £220,000 results in an estimated price of approximately £237,070.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £220,000 | £17,070 | £237,070 |
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 | 44.618 % | £98,160 | £318,160 |
| 3 Month Average | 15.443 % | £33,975 | £253,975 |
| 6 Month Average | 9.733 % | £21,413 | £241,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £237,149 | £233,000 | 8 CASTLE OVAL |
| 29 Sep 2023 | £288,691 | £285,000 | 4 CASTLE RISE |
| 26 Sep 2023 | £349,468 | £345,000 | 25 CASTLE DRIVE |
| 25 Jul 2023 | £304,093 | £300,000 | 41 CASTLE OVAL |
| 14 Jul 2023 | £314,229 | £310,000 | 29 CASTLE DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 Oct 2018. Using an estimated price of £237,070 means this house is valued at £3,647 per sq meter (£338 per sq foot).
The average size of a house on CASTLE GROVE is 91 sq meters (988 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Castle Rise |
| Jan 2024 | Burglary | Under investigation | On or near Castle Rise |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Castle Dale |
| Mar 2024 | Burglary | Under investigation | On or near Castle Oval |