£396,781
This estimated value is based upon the latest sale price for the house of £325,000 on 8 Apr 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Watergap Lane
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| Price Paid | Date |
|---|---|
| £325,000 | 8 Apr 2019 |
| £251,000 | 2 Dec 2016 |
| £240,000 | 24 Aug 2009 |
| Detached |
| 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 2019 the House Price Index for CUMBRIA was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £325,000 results in an estimated price of approximately £396,781.
| 8 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.087 % | £325,000 | £71,781 | £396,781 |
The Postcode Pricing Model uses changes in average sales price within the CA17 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 | 49.249 % | £160,059 | £485,059 |
| 3 Month Average | 20.646 % | £67,097 | £392,097 |
| 6 Month Average | 30.896 % | £100,411 | £425,411 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Watergap Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Quarry Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Birkbeck Gardens |