£1,083,506
This estimated value is based upon the latest sale price for the house of £1,084,236 on 10 Feb 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £1,084,236 | 10 Feb 2023 |
| £690,000 | 30 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 238 sq meters or 2,561 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 February 2023 the House Price Index for CUMBRIA was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £1,084,236 results in an estimated price of approximately £1,083,506.
| 10 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.6 | -0.067 % | £1,084,236 | £-729 | £1,083,506 |
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 | 36.292 % | £393,486 | £1,477,722 |
| 3 Month Average | -2.582 % | £-27,994 | £1,056,241 |
| 6 Month Average | -0.218 % | £-2,362 | £1,081,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £328,091 | £325,000 | 1 POTTERS LODGE FELL LANE |
| 10 Feb 2023 | £1,083,507 | £1,084,236 | CHADWELL HOUSE NICHOLSON LANE |
| 10 Feb 2023 | £344,768 | £345,000 | 44 LOWTHER STREET |
| 17 Oct 2022 | £415,526 | £420,000 | PIKE HOUSE FELL LANE |
| 25 Jul 2022 | £203,047 | £202,500 | 1 JUBILEE LODGE |
This house has a floor area of 238 sq meters or 2,561 sq feet when measured on 13 Jun 2015. Using an estimated price of £1,083,507 means this house is valued at £4,552 per sq meter (£422 per sq foot).
The average size of a house on NICHOLSON LANE is 195 sq meters (2,106 sq feet).
This house is the largest in the street with a floor area of 238 sq meters (2,561 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Local resolution | On or near Nicholson Lane |
| 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 |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Beacon Edge |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beacon Street |