£735,136
This estimated value is based upon the latest sale price for the house of £595,000 on 22 Nov 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£595,000 | 22 Nov 2019 |
£365,000 | 14 Dec 2004 |
Detached |
Freehold |
Floor Area: 260 sq meters or 2,798 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 2019 the House Price Index for CUMBRIA was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £595,000 results in an estimated price of approximately £735,136.
22 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £595,000 | £140,136 | £735,136 |
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 | 5.273 % | £31,375 | £626,375 |
3 Month Average | 2.415 % | £14,367 | £609,367 |
6 Month Average | 2.746 % | £16,337 | £611,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2024 | £221,927 | £220,000 | 73 MILNER MOUNT |
15 Dec 2023 | £159,914 | £155,000 | 7 BRENT ROAD |
8 Nov 2023 | £181,610 | £177,000 | 6 MILNER MOUNT |
30 Aug 2023 | £875,796 | £860,000 | WOOD LEE BEACON EDGE |
25 Aug 2023 | £173,122 | £170,000 | 2 MILNER MOUNT |
This house has a floor area of 260 sq meters or 2,798 sq feet when measured on 19 Sep 2019. Using an estimated price of £735,137 means this house is valued at £2,827 per sq meter (£262 per sq foot).
The average size of a house on BEACON EDGE is 155 sq meters (1,669 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Beacon Edge | |
May 2024 | Anti-social behaviour | On or near Beacon Edge | |
May 2024 | Anti-social behaviour | On or near Beacon Edge | |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beacon Edge |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beacon Edge |