£993,138
This estimated value is based upon the latest sale price for the house of £650,000 on 7 Jul 2014. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £650,000 | 7 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 July 2014 the House Price Index for CUMBRIA was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £650,000 results in an estimated price of approximately £993,138.
| 7 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £650,000 | £343,138 | £993,138 |
The Postcode Pricing Model uses changes in average sales price within the CA12 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 | 16.786 % | £109,106 | £759,106 |
| 3 Month Average | 53.672 % | £348,865 | £998,865 |
| 6 Month Average | 40.889 % | £265,776 | £915,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £590,163 | £585,000 | 50 THE HEADLANDS |
| 18 Apr 2023 | £323,483 | £320,000 | 19 THE HEADLANDS |
| 7 Mar 2023 | £297,806 | £295,000 | 27 THE HEADLANDS |
| 5 Oct 2022 | £1,286,152 | £1,300,000 | HAZELDENE HOTEL THE HEADS |
| 24 Jun 2022 | £213,010 | £210,000 | FLAT 1 CATERITE TITHEBARN STREET |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 21 Feb 2014. Using an estimated price of £993,138 means this house is valued at £5,876 per sq meter (£545 per sq foot).
The average size of a house on THE HEADS is 271 sq meters (2,927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Headlands |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Headlands |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Headlands |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Crescent |