£865,414
This estimated value is based upon the latest sale price for the house of £650,000 on 16 Aug 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £650,000 | 16 Aug 2016 |
| 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 August 2016 the House Price Index for CUMBRIA was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £650,000 results in an estimated price of approximately £865,414.
| 16 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £650,000 | £215,414 | £865,414 |
The Postcode Pricing Model uses changes in average sales price within the LA23 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 | -3.613 % | £-23,487 | £626,512 |
| 3 Month Average | 73.198 % | £475,784 | £1,125,784 |
| 6 Month Average | 76.219 % | £495,420 | £1,145,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £223,918 | £220,000 | FLAT 2 31 MAIN ROAD |
| 18 Aug 2023 | £706,178 | £700,000 | 6 CRESCENT ROAD |
| 17 Apr 2023 | £384,136 | £380,000 | MERLEWOOD COTTAGE OLD COLLEGE LANE |
| 1 Mar 2023 | £257,425 | £255,000 | 21 CUMBRIA COURT |
| 28 Jul 2022 | £193,521 | £193,000 | 2 LUPTON COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Main Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Main Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Main Road |
| Jan 2024 | Drugs | Local resolution | On or near Ellerthwaite Square |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ellerthwaite Square |