£189,046
This estimated value is based upon the latest sale price for the house of £115,000 on 12 Sep 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £115,000 | 12 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 September 2013 the House Price Index for CUMBRIA was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £115,000 results in an estimated price of approximately £189,046.
| 12 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £115,000 | £74,046 | £189,046 |
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 | 42.351 % | £48,703 | £163,703 |
| 3 Month Average | 39.826 % | £45,799 | £160,799 |
| 6 Month Average | 26.968 % | £31,013 | £146,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £160,814 | £158,000 | 2 RAVENHILL LANE |
| 13 Dec 2023 | £81,374 | £79,950 | 68 HILL TOP ROAD |
| 24 Nov 2023 | £119,266 | £117,500 | 28 MONKWRAY COTTAGES |
| 18 Aug 2023 | £131,147 | £130,000 | 7 HILL TOP ROAD |
| 9 Jun 2023 | £91,104 | £90,000 | 154 HIGH ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Feb 2011. Using an estimated price of £189,046 means this house is valued at £2,996 per sq meter (£278 per sq foot).
The average size of a house on OLD ARROWTHWAITE is 194 sq meters (2,088 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ravenhill Lane |
| Mar 2024 | Public order | Under investigation | On or near Ravenhill Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ravenhill Lane |
| Mar 2024 | Anti-social behaviour | On or near Ravenhill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Ravenhill Lane |