£298,447
This estimated value is based upon the latest sale price for the house of £245,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£245,000 | 17 Jul 2020 |
£197,000 | 15 May 2013 |
£182,000 | 19 Aug 2005 |
£60,000 | 23 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,124 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 2020 the House Price Index for CUMBRIA was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £245,000 results in an estimated price of approximately £298,447.
17 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £245,000 | £53,447 | £298,447 |
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 | 162.806 % | £398,875 | £643,875 |
3 Month Average | 11.384 % | £27,889 | £272,889 |
6 Month Average | 40.846 % | £100,071 | £345,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2024 | £233,000 | £233,000 | GRETA PLACE PENRITH ROAD |
20 Oct 2023 | £291,623 | £285,000 | 82 LATRIGG CLOSE |
25 Aug 2023 | £1,140,571 | £1,120,000 | THE COACH HOUSE CHESTNUT HILL |
27 Jan 2023 | £256,987 | £256,300 | 8 BRIGHAM ROW |
14 Apr 2022 | £269,730 | £260,000 | 70 LATRIGG CLOSE |
This house has a floor area of 104 sq meters or 1,124 sq feet when measured on 19 Jan 2011. Using an estimated price of £298,448 means this house is valued at £2,857 per sq meter (£265 per sq foot).
The average size of a house on LATRIGG CLOSE is 87 sq meters (940 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,124 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Latrigg Close |
May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Penrith Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penrith Road |
May 2024 | Drugs | Awaiting court outcome | On or near Chestnut Park |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Trinity Way |