£249,892
This estimated value is based upon the latest sale price for the house of £200,000 on 7 Feb 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£200,000 | 7 Feb 2018 |
Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £200,000 results in an estimated price of approximately £249,892.
7 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £200,000 | £49,892 | £249,892 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | 56.104 % | £112,208 | £312,208 |
3 Month Average | -2.931 % | £-5,862 | £194,137 |
6 Month Average | 9.425 % | £18,850 | £218,850 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £261,342 | £258,000 | 113 PINECROFT |
30 Jun 2023 | £242,943 | £240,000 | 1 NEWFIELD DRIVE |
6 Mar 2023 | £302,853 | £300,000 | 91 PINECROFT |
27 Feb 2023 | £299,798 | £300,000 | 40 NEWFIELD DRIVE |
6 Jan 2023 | £323,476 | £325,000 | 13 NEWFIELD DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 7 Nov 2017. Using an estimated price of £249,892 means this house is valued at £2,549 per sq meter (£236 per sq foot).
The average size of a house on PINECROFT is 106 sq meters (1,141 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newfield Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newfield Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near California Road |
Jan 2024 | Drugs | Under investigation | On or near California Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lowry Gardens |