£574,455
This estimated value is based upon the latest sale price for the house of £465,000 on 4 Mar 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £465,000 | 4 Mar 2019 |
| £327,500 | 14 Nov 2014 |
| £327,500 | 14 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 274 sq meters or 2,949 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 March 2019 the House Price Index for CUMBRIA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £465,000 results in an estimated price of approximately £574,455.
| 4 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £465,000 | £109,455 | £574,455 |
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 | 43.612 % | £202,795 | £667,795 |
| 3 Month Average | 20.533 % | £95,476 | £560,476 |
| 6 Month Average | 23.460 % | £109,088 | £574,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £125,598 | £123,400 | FLAT 1 163A HIGHGATE |
| 25 Aug 2023 | £81,210 | £80,500 | FLAT 2 THE OLD BAKERY, 6 KIRKLAND |
| 9 Jun 2023 | £121,471 | £120,000 | FLAT 7 150 HIGHGATE |
| 29 Sep 2022 | £211,790 | £213,500 | 153 HIGHGATE |
| 16 Sep 2022 | £143,838 | £145,000 | APARTMENT 3 ODDFELLOWS HALL, 115 HIGHGATE |
This house has a floor area of 274 sq meters or 2,949 sq feet when measured on 11 Mar 2014. Using an estimated price of £574,455 means this house is valued at £2,096 per sq meter (£194 per sq foot).
The average size of a house on GILLINGGATE is 140 sq meters (1,512 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapel Lane |
| Feb 2024 | Anti-social behaviour | On or near Chapel Lane | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Lane |