£126,095
This estimated value is based upon the latest sale price for the house of £125,000 on 29 Apr 2024. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £125,000 | 29 Apr 2024 |
| £100,000 | 24 Mar 2016 |
| £78,000 | 19 Apr 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 April 2024 the House Price Index for CUMBRIA was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £125,000 results in an estimated price of approximately £126,095.
| 29 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £125,000 | £1,095 | £126,095 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | 0.335 % | £418 | £125,418 |
| 3 Month Average | 0.071 % | £89 | £125,089 |
| 6 Month Average | 7.410 % | £9,262 | £134,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £126,095 | £125,000 | 10 BURNRIGG |
| 26 Apr 2024 | £139,209 | £138,000 | 39 BURNRIGG |
| 30 Nov 2023 | £137,490 | £134,000 | 81 NEWLAITHES AVENUE |
| 28 Nov 2023 | £194,949 | £190,000 | 10 ROBERT CHANCE GARDENS |
| 3 Nov 2023 | £110,300 | £107,500 | 4 MIDDLE RIGG |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 7 Apr 2014. Using an estimated price of £126,095 means this house is valued at £1,616 per sq meter (£150 per sq foot).
The average size of a house on BURNRIGG is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Newlaithes Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newlaithes Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newlaithes Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kingrigg |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kingrigg |