£383,709
This estimated value is based upon the latest sale price for the house of £225,000 on 1 May 2012. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £225,000 | 1 May 2012 |
| 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 May 2012 the House Price Index for CUMBRIA was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £225,000 results in an estimated price of approximately £383,709.
| 1 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £225,000 | £158,709 | £383,709 |
The Postcode Pricing Model uses changes in average sales price within the LA21 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 | 292.826 % | £658,858 | £883,858 |
| 3 Month Average | 48.718 % | £109,614 | £334,614 |
| 6 Month Average | 74.573 % | £167,789 | £392,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Feb 2023 | £920,880 | £921,500 | WOODLAND |
| 31 Jan 2023 | £456,848 | £459,000 | 9 THRANG BROW |
| 17 Jun 2022 | £1,318,635 | £1,300,000 | MEADOW BANK |
| 27 May 2022 | £484,122 | £475,000 | OAK DENE |
| 17 Dec 2021 | £1,017,808 | £950,000 | ST. MARTINS |