£330,342
This estimated value is based upon the latest sale price for the house of £270,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £270,000 | 21 Feb 2020 |
| £93,000 | 17 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2020 the House Price Index for CUMBRIA was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £270,000 results in an estimated price of approximately £330,342.
| 21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £270,000 | £60,342 | £330,342 |
The Postcode Pricing Model uses changes in average sales price within the CA8 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 | 1.269 % | £3,426 | £273,426 |
| 3 Month Average | 21.660 % | £58,480 | £328,480 |
| 6 Month Average | 3.355 % | £9,058 | £279,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £380,635 | £375,000 | 27 EDMONDSON CLOSE |
| 30 Jun 2023 | £328,985 | £325,000 | 2 OAK PARK |
| 9 Jun 2023 | £379,598 | £375,000 | 26 EDMONDSON CLOSE |
| 17 Feb 2023 | £248,833 | £249,000 | DREWTON STATION ROAD |
| 1 Nov 2022 | £429,794 | £435,000 | WEST HOLME TREE ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 8 Nov 2019. Using an estimated price of £330,342 means this house is valued at £2,976 per sq meter (£276 per sq foot).
There is one other house on the street which we know the size of, this is STANEGATE NEWCASTLE ROAD it is 145.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jocks Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jocks Hill |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tree Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Beckside Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Moat Side |