£375,509
This estimated value is based upon the latest sale price for the house of £285,000 on 15 Nov 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £285,000 | 15 Nov 2016 |
| £249,995 | 28 Jun 2007 |
| £185,000 | 1 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 259 sq meters or 2,787 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 2016 the House Price Index for CUMBRIA was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £285,000 results in an estimated price of approximately £375,509.
| 15 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £285,000 | £90,509 | £375,509 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 11.717 % | £33,393 | £318,393 |
| 3 Month Average | 19.696 % | £56,133 | £341,133 |
| 6 Month Average | 11.820 % | £33,688 | £318,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £182,705 | £180,000 | 24 PARK DRIVE |
| 29 Sep 2023 | £178,786 | £176,500 | 26 PARK DRIVE |
| 4 Aug 2023 | £231,021 | £229,000 | 16 PARK DRIVE |
| 28 Apr 2023 | £171,850 | £170,000 | 51 CALDER AVENUE |
| 27 Feb 2023 | £207,860 | £208,000 | 5 PARK DRIVE |
This house has a floor area of 259 sq meters or 2,787 sq feet when measured on 20 Aug 2015. Using an estimated price of £375,509 means this house is valued at £1,449 per sq meter (£134 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ehen Avenue |
| Feb 2024 | Anti-social behaviour | On or near Corkickle | |
| Feb 2024 | Anti-social behaviour | On or near Corkickle | |
| Feb 2024 | Anti-social behaviour | On or near Station Road | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Road |