£624,343
This estimated value is based upon the latest sale price for the house of £170,000 on 15 Sep 2000. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £170,000 | 15 Sep 2000 |
| 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 September 2000 the House Price Index for CUMBRIA was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £170,000 results in an estimated price of approximately £624,343.
| 15 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £170,000 | £454,343 | £624,343 |
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 | 218.942 % | £372,200 | £542,200 |
| 3 Month Average | 213.951 % | £363,717 | £533,717 |
| 6 Month Average | 244.853 % | £416,249 | £586,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £354,292 | £350,000 | 1 MINT BRIDGE ROAD |
| 24 Mar 2023 | £144,360 | £143,000 | 3 LOW CRAGG CLOSE |
| 7 Feb 2023 | £114,923 | £115,000 | UNIT 11 CHANCEL PLACE SHAP ROAD INDUSTRIAL ESTATE |
| 12 Sep 2022 | £257,917 | £260,000 | 2 HUNTERS CROFT |
| 9 Sep 2022 | £590,234 | £595,000 | UNIT 9 WESTMORLAND BUSINESS PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Hunters Croft |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Hunters Croft |
| Apr 2024 | Other theft | Under investigation | On or near Hunters Croft |
| Apr 2024 | Shoplifting | Under investigation | On or near Hunters Croft |
| Apr 2024 | Anti-social behaviour | On or near Hunters Croft |