£348,943
This estimated value is based upon the latest sale price for the house of £269,950 on 27 Apr 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £269,950 | 27 Apr 2017 |
| Freehold |
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 April 2017 the House Price Index for CUMBRIA was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £269,950 results in an estimated price of approximately £348,943.
| 27 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £269,950 | £78,993 | £348,943 |
The Postcode Pricing Model uses changes in average sales price within the CA7 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 | -6.401 % | £-17,279 | £252,670 |
| 3 Month Average | 20.499 % | £55,336 | £325,286 |
| 6 Month Average | 30.251 % | £81,662 | £351,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £175,000 | £175,000 | 2 BROOKSIDE COTTAGES |
| 30 Jun 2023 | £255,596 | £252,500 | LAKELAND VIEW |
| 7 Oct 2022 | £309,171 | £312,500 | LORNE LODGE |
| 1 Jun 2022 | £288,071 | £284,000 | MEADOWSIDE |
| 21 Apr 2022 | £592,134 | £575,000 | THE GALE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Aaron'S Lonning |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Coldmire Road |