£216,223
This estimated value is based upon the latest sale price for the house of £127,500 on 14 Jun 2010. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £127,500 | 14 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 958 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 June 2010 the House Price Index for CUMBRIA was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £127,500 results in an estimated price of approximately £216,223.
| 14 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £127,500 | £88,723 | £216,223 |
The Postcode Pricing Model uses changes in average sales price within the CA8 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 | 80.396 % | £102,505 | £230,005 |
| 3 Month Average | 31.938 % | £40,720 | £168,220 |
| 6 Month Average | 27.515 % | £35,081 | £162,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £193,384 | £190,000 | 3 ST MARTINS COURT |
| 15 Dec 2023 | £238,167 | £234,000 | 42 BECK RIGGS |
| 15 Sep 2023 | £111,425 | £110,000 | 28 TOWNFOOT COURT |
| 14 Jul 2023 | £83,119 | £82,000 | 20 CARLISLE ROAD |
| 17 Mar 2023 | £78,742 | £78,000 | 28 ST MARTINS CLOSE |
This house has a floor area of 89 sq meters or 958 sq feet when measured on 30 Sep 2009. Using an estimated price of £216,223 means this house is valued at £2,427 per sq meter (£225 per sq foot).
The average size of a house on WELL LONNING CLOSE is 120 sq meters (1,299 sq feet).
This house is the smallest in the street with a floor area of 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Well Lonning Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Well Lonning Close |
| Apr 2024 | Criminal damage and arson | Further investigation is not in the public interest | On or near St Martin'S Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Martin'S Drive |
| Jan 2024 | Drugs | Under investigation | On or near St Martin'S Drive |