£629,354
This estimated value is based upon the latest sale price for the house of £500,000 on 5 Feb 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £500,000 | 5 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 February 2018 the House Price Index for CUMBRIA was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £500,000 results in an estimated price of approximately £629,354.
| 5 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £500,000 | £129,354 | £629,354 |
The Postcode Pricing Model uses changes in average sales price within the CA12 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 | 162.487 % | £812,437 | £1,312,437 |
| 3 Month Average | 21.830 % | £109,149 | £609,149 |
| 6 Month Average | 23.919 % | £119,593 | £619,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £1,050,000 | £1,050,000 | 22 SPRINGS ROAD |
| 4 Dec 2023 | £644,814 | £625,000 | THE CROFT SPRINGS GARTH |
| 8 Aug 2022 | £396,856 | £395,000 | 1 MANESTY VIEW |
| 14 Mar 2022 | £631,579 | £605,000 | 22 MANESTY VIEW |
| 28 Feb 2022 | £808,190 | £765,000 | CASTLEDENE, 7 SPRINGS ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 31 Oct 2017. Using an estimated price of £629,355 means this house is valued at £4,916 per sq meter (£456 per sq foot).
The average size of a house on SPRINGS ROAD is 181 sq meters (1,951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Springs Garth |
| May 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Manesty View |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor Park |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castlehead Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castlehead Close |