£127,053
This estimated value is based upon the latest sale price for the house of £111,000 on 28 Jul 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £111,000 | 28 Jul 2021 |
| £101,000 | 22 Jan 2016 |
| £36,995 | 7 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 July 2021 the House Price Index for CUMBRIA was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £111,000 results in an estimated price of approximately £127,053.
| 28 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £111,000 | £16,053 | £127,053 |
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 | 19.246 % | £21,362 | £132,362 |
| 3 Month Average | 21.119 % | £23,442 | £134,442 |
| 6 Month Average | 9.054 % | £10,049 | £121,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £131,640 | £129,950 | 60 THORNTON ROAD |
| 17 Nov 2023 | £426,982 | £421,500 | 3 WINDSOR COURT |
| 16 Nov 2023 | £154,990 | £153,000 | 5 YEW BANK LANE |
| 21 Jun 2023 | £272,207 | £270,000 | 8 WINSTON DRIVE |
| 9 Sep 2022 | £108,629 | £109,950 | 7 SPRINGFIELD GROVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 5 Jul 2021. Using an estimated price of £127,053 means this house is valued at £1,954 per sq meter (£181 per sq foot).
The average size of a house on GILL CLOSE is 93 sq meters (1,001 sq feet).
This house is the largest in the street with a floor area of 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenlands Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Springfield Grove |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wordsworth Road |
| Feb 2024 | Anti-social behaviour | On or near Wordsworth Road | |
| Feb 2024 | Anti-social behaviour | On or near Wordsworth Road |