£320,381
This estimated value is based upon the latest sale price for the house of £260,000 on 7 May 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£260,000 | 7 May 2020 |
£95,000 | 19 Dec 1997 |
£22,000 | 9 Dec 1996 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 May 2020 the House Price Index for CUMBRIA was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £260,000 results in an estimated price of approximately £320,381.
7 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £260,000 | £60,381 | £320,381 |
The Postcode Pricing Model uses changes in average sales price within the CA11 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 | 18.654 % | £48,501 | £308,501 |
3 Month Average | 14.741 % | £38,326 | £298,326 |
6 Month Average | 10.691 % | £27,796 | £287,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £230,000 | £230,000 | 16 CEDAR CLOSE |
1 Dec 2023 | £552,992 | £536,000 | 6 WINTERS PARK |
25 Oct 2023 | £235,345 | £230,000 | 27 MAPLE DRIVE |
19 Oct 2023 | £309,530 | £302,500 | 26 CEDAR CLOSE |
17 Oct 2023 | £388,831 | £380,000 | 14 RIMINGTON WAY |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 3 Feb 2020. Using an estimated price of £320,381 means this house is valued at £2,692 per sq meter (£250 per sq foot).
The average size of a house on RIMINGTON WAY is 102 sq meters (1,101 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brooklands Grange |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Brooklands Grange |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brooklands Grange |
May 2024 | Burglary | Under investigation | On or near Winters Park |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Prince Charles Close |