£279,735
This estimated value is based upon the latest sale price for the house of £174,995 on 19 Dec 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £174,995 | 19 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 December 2013 the House Price Index for CUMBRIA was 92.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.854%.Applying this 59.854% change to the original purchase price of £174,995 results in an estimated price of approximately £279,735.
| 19 Dec 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.0 | 59.854 % | £174,995 | £104,740 | £279,735 |
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 | 31.684 % | £55,446 | £230,441 |
| 3 Month Average | 32.708 % | £57,238 | £232,233 |
| 6 Month Average | 25.086 % | £43,898 | £218,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £175,000 | £175,000 | 99 GLARAMARA DRIVE |
| 14 Jul 2023 | £262,483 | £260,000 | 86 GLARAMARA DRIVE |
| 9 Jun 2023 | £206,676 | £205,000 | 26 GLARAMARA DRIVE |
| 28 Nov 2022 | £169,747 | £172,500 | 67 GLARAMARA DRIVE |
| 25 Nov 2022 | £186,968 | £190,000 | 163 GLARAMARA DRIVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 16 Dec 2013. Using an estimated price of £279,736 means this house is valued at £2,913 per sq meter (£270 per sq foot).
The average size of a house on GLARAMARA DRIVE is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Caven Close |