£907,744
This estimated value is based upon the latest sale price for the house of £875,000 on 26 Apr 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £875,000 | 26 Apr 2022 |
| £350,000 | 17 Jun 2005 |
| Detached |
| Freehold |
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 April 2022 the House Price Index for CUMBRIA was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £875,000 results in an estimated price of approximately £907,744.
| 26 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £875,000 | £32,744 | £907,744 |
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 | 30.798 % | £269,481 | £1,144,481 |
| 3 Month Average | -2.231 % | £-19,525 | £855,474 |
| 6 Month Average | -6.706 % | £-58,674 | £816,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £224,911 | £218,000 | 8 RACE GROVE |
| 6 Dec 2023 | £319,828 | £310,000 | SHEVERRIC MILL PARK |
| 17 Mar 2023 | £432,218 | £425,000 | CALOBRA BY DUNNINGWELL |
| 3 Feb 2023 | £226,513 | £225,000 | PUNCH BOWL INN |
| 17 Aug 2022 | £180,846 | £180,000 | 9 MILL PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Race Grove |
| Apr 2024 | Drugs | Local resolution | On or near Mill Park |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Green Road |
| Jun 2024 | Robbery | Under investigation | On or near Buckman Brow |