£298,201
This estimated value is based upon the latest sale price for the house of £240,000 on 15 Jul 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £240,000 | 15 Jul 2019 |
| Detached |
| Freehold |
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 2019 the House Price Index for CUMBRIA was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £240,000 results in an estimated price of approximately £298,201.
| 15 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £240,000 | £58,201 | £298,201 |
The Postcode Pricing Model uses changes in average sales price within the LA6 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 | 57.471 % | £137,930 | £377,930 |
| 3 Month Average | 12.804 % | £30,729 | £270,729 |
| 6 Month Average | 31.211 % | £74,906 | £314,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £221,626 | £216,000 | 1 FERN TERRACE |
| 24 Nov 2023 | £564,325 | £550,000 | 10 THORNLEIGH DRIVE |
| 22 Sep 2023 | £352,777 | £345,000 | HANGING BARN COCKING YARD |
| 11 Aug 2023 | £222,004 | £218,000 | 25 BOON TOWN |
| 18 Apr 2023 | £300,623 | £295,000 | 2 THE COACH HOUSE MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Further investigation is not in the public interest | On or near Boon Town |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Main Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tarn Lane |
| Sep 2024 | Drugs | Local resolution | On or near Tarn Lane |
| Aug 2024 | Possession of weapons | Under investigation | On or near Tarn Lane |