£517,521
This estimated value is based upon the latest sale price for the house of £475,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£475,000 | 12 Nov 2021 |
£335,000 | 27 Jan 2006 |
Detached |
Freehold |
Floor Area: 150 sq meters or 1,614 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 2021 the House Price Index for CUMBRIA was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £475,000 results in an estimated price of approximately £517,521.
12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £475,000 | £42,521 | £517,521 |
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 | -8.454 % | £-40,155 | £434,844 |
3 Month Average | -10.798 % | £-51,291 | £423,708 |
6 Month Average | 1.678 % | £7,970 | £482,970 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £460,458 | £450,000 | STANHILL NICHOLSON LANE |
20 Mar 2023 | £335,605 | £330,000 | 4 SAND CROFT |
28 Oct 2022 | £378,735 | £380,000 | 5 SAND CROFT |
1 Aug 2022 | £251,174 | £250,000 | 9 BEACON SQUARE |
21 Apr 2022 | £236,532 | £228,000 | 3 BEACON SQUARE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 16 Sep 2021. Using an estimated price of £517,522 means this house is valued at £3,450 per sq meter (£320 per sq foot).
The average size of a house on BEACON SQUARE is 129 sq meters (1,389 sq feet).
This house is the largest in the street with a floor area of 150 sq meters (1,614 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Beacon Square |
Jun 2024 | Drugs | Awaiting court outcome | On or near Hutton Gardens |
May 2024 | Drugs | Under investigation | On or near Hutton Gardens |
May 2024 | Drugs | Under investigation | On or near Hutton Gardens |
Apr 2024 | Public order | Under investigation | On or near Hutton Gardens |