£307,467
This estimated value is based upon the latest sale price for the house of £57,000 on 4 Dec 1996. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £57,000 | 4 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 December 1996 the House Price Index for CUMBRIA was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £57,000 results in an estimated price of approximately £307,467.
| 4 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £57,000 | £250,467 | £307,467 |
The Postcode Pricing Model uses changes in average sales price within the CA13 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 | 151.863 % | £86,561 | £143,561 |
| 3 Month Average | 289.703 % | £165,130 | £222,130 |
| 6 Month Average | 299.827 % | £170,901 | £227,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £279,133 | £275,000 | 6 OAKTREE CRESCENT |
| 4 Aug 2023 | £327,868 | £325,000 | 19 CASTLEGATE DRIVE |
| 18 Apr 2023 | £374,027 | £370,000 | 43 CASTLEGATE DRIVE |
| 15 Feb 2023 | £349,765 | £350,000 | 26 DEER ORCHARD CLOSE |
| 26 Aug 2022 | £219,409 | £220,000 | 45 CASTLEGATE DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Oct 2013. Using an estimated price of £307,467 means this house is valued at £5,301 per sq meter (£492 per sq foot).
The average size of a house on CHERRY LANE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Lane |
| Mar 2024 | Other crime | Under investigation | On or near Hospital |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hospital |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Lane |