£324,382
This estimated value is based upon the latest sale price for the house of £239,500 on 5 Apr 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £239,500 | 5 Apr 2016 |
| £250,000 | 1 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 April 2016 the House Price Index for CUMBRIA was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £239,500 results in an estimated price of approximately £324,382.
| 5 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £239,500 | £84,882 | £324,382 |
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 | 48.395 % | £115,905 | £355,405 |
| 3 Month Average | 24.025 % | £57,540 | £297,040 |
| 6 Month Average | 25.684 % | £61,514 | £301,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2023 | £182,217 | £180,500 | 42 MEADOW CROFT |
| 28 Nov 2022 | £256,888 | £260,000 | 36 MEADOW CROFT |
| 2 Sep 2022 | £142,846 | £144,000 | 12 PARKLANDS CRESCENT |
| 5 Aug 2022 | £188,991 | £189,500 | 4 MEADOW CROFT |
| 7 Jun 2022 | £281,985 | £278,000 | 54 MEADOW CROFT |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 3 Mar 2015. Using an estimated price of £324,383 means this house is valued at £4,841 per sq meter (£449 per sq foot).
The average size of a house on PARKLANDS WAY is 134 sq meters (1,443 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Park Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Park Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Park Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Park Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Close |