£227,442
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£150,000 | 12 Sep 2014 |
£130,000 | 28 Oct 2005 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 September 2014 the House Price Index for CUMBRIA was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £150,000 results in an estimated price of approximately £227,442.
12 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £150,000 | £77,442 | £227,442 |
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 | 20.126 % | £30,189 | £180,189 |
3 Month Average | 9.644 % | £14,465 | £164,465 |
6 Month Average | 16.583 % | £24,875 | £174,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £208,199 | £205,000 | 68 PENNY HILL PARK |
21 Sep 2023 | £281,199 | £275,000 | 67 PENNY HILL PARK |
15 Jun 2023 | £208,172 | £204,000 | 32 PENNY HILL PARK |
28 Apr 2023 | £169,164 | £166,000 | 37 RAISELANDS CROFT |
3 Apr 2023 | £152,859 | £150,000 | 105 RAISELANDS CROFT |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Feb 2014. Using an estimated price of £227,442 means this house is valued at £2,992 per sq meter (£278 per sq foot).
The average size of a house on PENNY HILL PARK is 93 sq meters (1,009 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Raiselands Croft |
Jun 2024 | Other theft | Unable to prosecute suspect | On or near Raiselands Croft |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Raiselands Croft |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Raiselands Croft |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raiselands Croft |