£459,588
This estimated value is based upon the latest sale price for the house of £270,000 on 24 Jul 2012. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £270,000 | 24 Jul 2012 |
| £249,000 | 7 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2012 the House Price Index for CUMBRIA was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £270,000 results in an estimated price of approximately £459,588.
| 24 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £270,000 | £189,588 | £459,588 |
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 | 43.651 % | £117,856 | £387,856 |
| 3 Month Average | 32.374 % | £87,410 | £357,410 |
| 6 Month Average | 36.003 % | £97,207 | £367,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £379,082 | £375,000 | 1 PARKLANDS VIEW |
| 2 Sep 2022 | £142,846 | £144,000 | 12 PARKLANDS CRESCENT |
| 24 Jan 2022 | £349,926 | £332,500 | 29 PARKLANDS WAY |
| 10 Jan 2022 | £177,857 | £169,000 | 36 MAPLE DRIVE |
| 8 Oct 2021 | £146,055 | £132,000 | 5 PARKLANDS CRESCENT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Apr 2012. Using an estimated price of £459,588 means this house is valued at £4,941 per sq meter (£459 per sq foot).
The average size of a house on PARKLANDS WAY is 134 sq meters (1,443 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 | Violence and sexual offences | 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 |