£518,247
This estimated value is based upon the latest sale price for the house of £420,550 on 3 Oct 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £420,550 | 3 Oct 2018 |
| £290,000 | 11 Feb 2008 |
| Freehold |
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 October 2018 the House Price Index for CUMBRIA was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £420,550 results in an estimated price of approximately £518,247.
| 3 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £420,550 | £97,697 | £518,247 |
The Postcode Pricing Model uses changes in average sales price within the LA8 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 | -58.557 % | £-246,261 | £174,288 |
| 3 Month Average | -9.166 % | £-38,548 | £382,001 |
| 6 Month Average | 11.702 % | £49,211 | £469,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £585,240 | £575,000 | HIGH HOUSE |
| 21 Jun 2023 | £465,640 | £460,000 | HIND COTTAGE |
| 23 Aug 2022 | £249,329 | £250,000 | 15 GATEBECK COTTAGES |
| 12 Aug 2022 | £508,631 | £510,000 | SHIRALEE GATEBECK ROAD |
| 12 Aug 2022 | £510,127 | £511,500 | TIMBERS GATEBECK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Watery Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Low Park Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Low Park Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Low Park Lane |