£1,857,500
This estimated value is based upon the latest sale price for the house of £1,250,000 on 30 Jan 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £1,250,000 | 30 Jan 2015 |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 January 2015 the House Price Index for CUMBRIA was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,857,500.
| 30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £1,250,000 | £607,500 | £1,857,500 |
The Postcode Pricing Model uses changes in average sales price within the LA20 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 | -81.933 % | £-1,024,168 | £225,831 |
| 3 Month Average | -21.913 % | £-273,913 | £976,086 |
| 6 Month Average | 29.661 % | £370,758 | £1,620,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £241,577 | £238,000 | 2 KNOTT LANE |
| 3 Jul 2023 | £329,434 | £325,000 | ANNAN HOUSE THE SQUARE |
| 20 Jan 2023 | £248,778 | £249,950 | THE COTTAGE 2 NEW STREET YARD |
| 20 Oct 2022 | £351,218 | £355,000 | LAUREL BANK THE SQUARE |
| 18 Oct 2022 | £420,473 | £425,000 | 1A LODGE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A593 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A593 |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near A593 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Griffin Street |