£269,163
This estimated value is based upon the latest sale price for the house of £159,950 on 15 Aug 2008. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £159,950 | 15 Aug 2008 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,351 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 August 2008 the House Price Index for CUMBRIA was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £159,950 results in an estimated price of approximately £269,163.
| 15 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £159,950 | £109,213 | £269,163 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | 12.220 % | £19,545 | £179,495 |
| 3 Month Average | 3.071 % | £4,911 | £164,861 |
| 6 Month Average | 13.141 % | £21,019 | £180,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £132,315 | £130,000 | 14 LONSDALE ROAD |
| 15 Nov 2023 | £137,029 | £135,000 | 6 LANCASHIRE ROAD |
| 25 Aug 2023 | £112,988 | £112,000 | 47 MARKET STREET |
| 14 Jul 2023 | £89,201 | £88,000 | 22 LONSDALE ROAD |
| 14 Jun 2023 | £220,167 | £217,500 | 2 ESTUARY CLOSE |
This house has a floor area of 125 sq meters or 1,351 sq feet when measured on 4 Dec 2010. Using an estimated price of £269,164 means this house is valued at £2,143 per sq meter (£199 per sq foot).
The average size of a house on ESTUARY CLOSE is 111 sq meters (1,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Estuary Close |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Lancashire Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lancashire Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lancashire Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Earl Street |