£256,358
This estimated value is based upon the latest sale price for the house of £249,950 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £249,950 | 14 Apr 2022 |
| £249,000 | 14 Sep 2012 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2022 the House Price Index for CUMBRIA was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £249,950 results in an estimated price of approximately £256,358.
| 14 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £249,950 | £6,408 | £256,358 |
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 | 18.214 % | £45,524 | £295,474 |
| 3 Month Average | 29.916 % | £74,775 | £324,725 |
| 6 Month Average | 6.242 % | £15,601 | £265,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £245,831 | £245,000 | 18 GRANT DRIVE |
| 30 Nov 2023 | £172,211 | £170,000 | 136 VICTORIA ROAD |
| 14 Aug 2023 | £344,437 | £342,342 | 4 BLEACH GREEN PADDOCK VICTORIA ROAD |
| 30 Jun 2023 | £176,431 | £175,000 | 120 VICTORIA ROAD |
| 23 Feb 2023 | £149,294 | £150,000 | 17 READ DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 25 Aug 2021. Using an estimated price of £256,359 means this house is valued at £2,513 per sq meter (£233 per sq foot).
The average size of a house on VICTORIA ROAD is 119 sq meters (1,282 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Victoria Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Mount |
| Apr 2024 | Drugs | Local resolution | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |