£462,963
This estimated value is based upon the latest sale price for the house of £410,000 on 22 Apr 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £410,000 | 22 Apr 2021 |
| 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 2021 the House Price Index for CUMBRIA was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £410,000 results in an estimated price of approximately £462,963.
| 22 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £410,000 | £52,963 | £462,963 |
The Postcode Pricing Model uses changes in average sales price within the CA7 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 | -49.032 % | £-201,030 | £208,969 |
| 3 Month Average | -40.130 % | £-164,531 | £245,468 |
| 6 Month Average | -4.182 % | £-17,146 | £392,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £195,000 | £195,000 | SOLWAY VIEW |
| 9 Nov 2023 | £243,607 | £240,000 | BRANDYWELL SCHOOL LANE |
| 28 Jul 2023 | £273,683 | £270,000 | LAUREL MOUNT |
| 24 Feb 2023 | £170,885 | £171,000 | MYRTLE COTTAGE |
| 22 Aug 2022 | £279,248 | £280,000 | HOPE HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Orchard Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Feb 2024 | Drugs | Local resolution | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Battery Lonning |