£277,962
This estimated value is based upon the latest sale price for the house of £225,000 on 15 Mar 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£225,000 | 15 Mar 2019 |
£99,195 | 11 Feb 2000 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2019 the House Price Index for CUMBRIA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £225,000 results in an estimated price of approximately £277,962.
15 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £225,000 | £52,962 | £277,962 |
The Postcode Pricing Model uses changes in average sales price within the CA7 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 | 32.972 % | £74,186 | £299,186 |
3 Month Average | 25.341 % | £57,016 | £282,016 |
6 Month Average | 23.677 % | £53,273 | £278,273 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £200,000 | £200,000 | 27 SCHOLARS GREEN |
15 Sep 2023 | £303,885 | £300,000 | 68 SCHOLARS GREEN |
15 Sep 2023 | £275,523 | £272,000 | 60 SCHOLARS GREEN |
15 Sep 2023 | £150,930 | £149,000 | 124 SCHOLARS GREEN |
15 Sep 2023 | £197,526 | £195,000 | 20 SCHOLARS GREEN |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 16 Jan 2019. Using an estimated price of £277,962 means this house is valued at £2,865 per sq meter (£266 per sq foot).
The average size of a house on SCHOLARS GREEN is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Scholars Green |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Scholars Green |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scholars Green |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Scholars Green |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Stony Banks |