£262,173
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £250,000 | 4 Feb 2022 |
| £250,000 | 14 Oct 2016 |
| £230,000 | 27 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 946 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 2022 the House Price Index for CUMBRIA was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £250,000 results in an estimated price of approximately £262,173.
| 4 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £250,000 | £12,173 | £262,173 |
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 | 4.566 % | £11,415 | £261,415 |
| 3 Month Average | 12.895 % | £32,236 | £282,236 |
| 6 Month Average | 10.203 % | £25,506 | £275,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £328,091 | £325,000 | 1 POTTERS LODGE FELL LANE |
| 10 Feb 2023 | £1,083,507 | £1,084,236 | CHADWELL HOUSE NICHOLSON LANE |
| 17 Oct 2022 | £415,526 | £420,000 | PIKE HOUSE FELL LANE |
| 1 Aug 2022 | £249,329 | £250,000 | 9 BEACON SQUARE |
| 21 Apr 2022 | £234,794 | £228,000 | 3 BEACON SQUARE |
This house has a floor area of 87 sq meters or 946 sq feet when measured on 20 Apr 2010. Using an estimated price of £262,174 means this house is valued at £2,980 per sq meter (£276 per sq foot).
The average size of a house on FELL LANE is 150 sq meters (1,615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Local resolution | On or near Nicholson Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hutton Gardens |
| Apr 2024 | Public order | Under investigation | On or near Hutton Gardens |
| Apr 2024 | Anti-social behaviour | On or near Horsley Terrace | |
| Mar 2024 | Bicycle theft | Awaiting court outcome | On or near Horsley Terrace |