£359,362
This estimated value is based upon the latest sale price for the house of £350,000 on 16 May 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £350,000 | 16 May 2022 |
| £218,000 | 15 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2022 the House Price Index for CUMBRIA was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £350,000 results in an estimated price of approximately £359,362.
| 16 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £350,000 | £9,362 | £359,362 |
The Postcode Pricing Model uses changes in average sales price within the CA12 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 | -29.199 % | £-102,195 | £247,804 |
| 3 Month Average | -11.764 % | £-41,174 | £308,825 |
| 6 Month Average | -9.581 % | £-33,532 | £316,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £325,000 | £325,000 | 1 HEADS ROAD |
| 7 Nov 2023 | £174,428 | £170,000 | 7 TITHEBARN STREET |
| 18 Aug 2023 | £595,745 | £585,000 | 50 THE HEADLANDS |
| 18 Apr 2023 | £326,099 | £320,000 | 19 THE HEADLANDS |
| 7 Mar 2023 | £300,010 | £295,000 | 27 THE HEADLANDS |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 7 May 2014. Using an estimated price of £359,362 means this house is valued at £4,178 per sq meter (£388 per sq foot).
The average size of a house on HEADS MOUNT is 103 sq meters (1,108 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near The Heads |
| Sep 2024 | Public order | Under investigation | On or near The Heads |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Derwent Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Derwent Close |