£401,071
This estimated value is based upon the latest sale price for the house of £85,000 on 5 Mar 1998. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£85,000 | 5 Mar 1998 |
£79,000 | 21 Jul 1995 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,668 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 March 1998 the House Price Index for CUMBRIA was 31.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 371.849%.Applying this 371.849% change to the original purchase price of £85,000 results in an estimated price of approximately £401,071.
5 Mar 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.1 | 146.7 | 371.849 % | £85,000 | £316,071 | £401,071 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 245.228 % | £208,443 | £293,443 |
3 Month Average | 300.146 % | £255,124 | £340,124 |
6 Month Average | 311.690 % | £264,936 | £349,936 |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 4 Jan 2019.
The average size of a house on RAKE HEAD CLOSE is 206 sq meters (2,218 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,668 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hallfield |
Jan 2024 | Anti-social behaviour | On or near Maple Avenue | |
Jan 2024 | Anti-social behaviour | On or near Maple Avenue | |
Jan 2024 | Anti-social behaviour | On or near Maple Avenue | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Maple Avenue |