£346,184
This estimated value is based upon the latest sale price for the house of £203,500 on 13 Oct 2010. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £203,500 | 13 Oct 2010 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 968 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 October 2010 the House Price Index for CUMBRIA was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £203,500 results in an estimated price of approximately £346,184.
| 13 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £203,500 | £142,684 | £346,184 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | 3.532 % | £7,188 | £210,688 |
| 3 Month Average | 12.251 % | £24,930 | £228,430 |
| 6 Month Average | 28.575 % | £58,150 | £261,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £101,503 | £100,000 | APARTMENT 16 THE GRANGE NEWFIELD DRIVE |
| 21 Sep 2023 | £261,342 | £258,000 | 113 PINECROFT |
| 30 Jun 2023 | £242,943 | £240,000 | 1 NEWFIELD DRIVE |
| 6 Mar 2023 | £302,853 | £300,000 | 91 PINECROFT |
| 6 Jan 2023 | £323,476 | £325,000 | 13 NEWFIELD DRIVE |
This house has a floor area of 89 sq meters or 968 sq feet when measured on 31 Mar 2010. Using an estimated price of £346,184 means this house is valued at £3,849 per sq meter (£357 per sq foot).
The average size of a house on PINECROFT is 106 sq meters (1,141 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near California Road |
| Jan 2024 | Drugs | Under investigation | On or near California Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newfield Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newfield Drive |
| Dec 2023 | Drugs | Under investigation | On or near Wakefield Road |