£271,498
This estimated value is based upon the latest sale price for the house of £180,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £180,000 | 7 Nov 2014 |
| £80,000 | 19 Dec 2001 |
| 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 November 2014 the House Price Index for CUMBRIA was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £180,000 results in an estimated price of approximately £271,498.
| 7 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £180,000 | £91,498 | £271,498 |
The Postcode Pricing Model uses changes in average sales price within the CA26 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 | 5.043 % | £9,076 | £189,076 |
| 3 Month Average | 189.049 % | £340,287 | £520,287 |
| 6 Month Average | 46.779 % | £84,201 | £264,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £199,856 | £195,450 | 25 RHEDA CLOSE |
| 25 Aug 2023 | £224,041 | £220,000 | 37 LINGLA GARDENS |
| 16 Jun 2023 | £153,067 | £150,000 | 6 LINGLA BANK |
| 8 Jul 2022 | £280,309 | £277,500 | 75 RHEDA CLOSE |
| 19 Apr 2022 | £337,162 | £325,000 | 14A RHEDA CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 31 May 2012. Using an estimated price of £271,499 means this house is valued at £2,770 per sq meter (£257 per sq foot).
The average size of a house on RHEDA CLOSE is 128 sq meters (1,385 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rheda Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Hill |
| May 2024 | Violence and sexual offences | Under investigation | On or near Vicarage Hill |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lingla Gardens |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Lingla Gardens |