£272,088
This estimated value is based upon the latest sale price for the house of £265,000 on 18 May 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £265,000 | 18 May 2022 |
| £180,000 | 12 Oct 2018 |
| £180,000 | 13 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 May 2022 the House Price Index for CUMBRIA was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £265,000 results in an estimated price of approximately £272,088.
| 18 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £265,000 | £7,088 | £272,088 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | 68.206 % | £180,747 | £445,747 |
| 3 Month Average | -2.782 % | £-7,371 | £257,628 |
| 6 Month Average | -11.696 % | £-30,995 | £234,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £261,642 | £255,000 | 24 LOWTHER ROAD |
| 27 Sep 2023 | £281,199 | £275,000 | 14 LOWTHER ROAD |
| 25 Aug 2023 | £178,214 | £175,000 | 44 LOWTHER ROAD |
| 17 Mar 2023 | £223,736 | £220,000 | 13 BUTTERMERE DRIVE |
| 30 Nov 2022 | £158,260 | £159,000 | 30 BUTTERMERE DRIVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 8 May 2018. Using an estimated price of £272,088 means this house is valued at £2,286 per sq meter (£212 per sq foot).
The average size of a house on DERWENTWATER CLOSE is 140 sq meters (1,512 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Derwentwater Close | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Seathwaite Close |
| May 2024 | Public order | Under investigation | On or near Seathwaite Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mainsgate Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near St George'S Road |