£441,234
This estimated value is based upon the latest sale price for the house of £350,000 on 14 Nov 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £350,000 | 14 Nov 2017 |
| £200,000 | 22 May 2006 |
| Semi-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 November 2017 the House Price Index for CUMBRIA was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £350,000 results in an estimated price of approximately £441,234.
| 14 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £350,000 | £91,234 | £441,234 |
The Postcode Pricing Model uses changes in average sales price within the LA22 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 | -36.110 % | £-126,386 | £223,613 |
| 3 Month Average | -48.087 % | £-168,304 | £181,695 |
| 6 Month Average | -18.944 % | £-66,304 | £283,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £489,751 | £482,500 | RUSH MARKET PLACE |
| 31 Jul 2023 | £383,866 | £378,700 | 4 STUDIO HOUSE LAKE ROAD |
| 28 Apr 2023 | £151,633 | £150,000 | WORKSHOP ADJOINING THE REAR OF, 8 CHURCH STREET |
| 12 Apr 2023 | £311,858 | £308,500 | ARCHWAY FLAT MARKET PLACE |
| 24 Feb 2023 | £264,822 | £265,000 | 1 STUDIO HOUSE LAKE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Church Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cheapside |
| Mar 2024 | Drugs | Under investigation | On or near Cheapside |
| Feb 2024 | Anti-social behaviour | On or near Cheapside | |
| Feb 2024 | Anti-social behaviour | On or near Cheapside |