£147,149
This estimated value is based upon the latest sale price for the house of £142,000 on 15 Mar 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Castlegate
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| Price Paid | Date |
|---|---|
| £142,000 | 15 Mar 2022 |
| £127,500 | 14 Mar 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 March 2022 the House Price Index for CUMBRIA was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £142,000 results in an estimated price of approximately £147,149.
| 15 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £142,000 | £5,149 | £147,149 |
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 | 24.182 % | £34,338 | £176,338 |
| 3 Month Average | -3.315 % | £-4,707 | £137,292 |
| 6 Month Average | 14.882 % | £21,132 | £163,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £152,671 | £150,000 | 7 DEVONSHIRE STREET |
| 7 Aug 2023 | £181,589 | £180,000 | 15 GARDEN CLOSE |
| 31 Mar 2023 | £199,883 | £198,000 | 9A LITTLE DOCKRAY |
| 23 Feb 2023 | £179,879 | £180,000 | 13 GARDEN CLOSE |
| 3 Feb 2023 | £155,645 | £155,750 | 8 FALLOWFIELD COURT |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 29 Nov 2012. Using an estimated price of £147,149 means this house is valued at £2,942 per sq meter (£273 per sq foot).
The average size of a house on CASTLEGATE is 75 sq meters (813 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Castlegate |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Corn Market |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corn Market |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Corn Market |
| Feb 2024 | Drugs | Local resolution | On or near Corn Market |