£403,880
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Dec 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £325,000 | 4 Dec 2018 |
| £210,000 | 26 Sep 2003 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,536 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 December 2018 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 24.271%.Applying this 24.271% change to the original purchase price of £325,000 results in an estimated price of approximately £403,880.
| 4 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £325,000 | £78,880 | £403,880 |
The Postcode Pricing Model uses changes in average sales price within the LA9 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 | 44.310 % | £144,007 | £469,007 |
| 3 Month Average | 21.506 % | £69,893 | £394,893 |
| 6 Month Average | 18.168 % | £59,046 | £384,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £330,071 | £325,000 | 132 STAINBANK ROAD |
| 6 Sep 2023 | £184,057 | £180,000 | 7 ALDERCROFT |
| 23 Jun 2023 | £328,075 | £321,500 | 121 STAINBANK ROAD |
| 22 Jun 2023 | £255,061 | £249,950 | 128 STAINBANK ROAD |
| 30 Mar 2023 | £162,717 | £160,000 | 3 HEATH CLOSE |
This house has a floor area of 142 sq meters or 1,536 sq feet when measured on 26 Oct 2009. Using an estimated price of £403,881 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on STAINBANK ROAD is 90 sq meters (970 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,536 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Westwood Avenue |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Echo Bank |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Echo Bank |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Echo Bank |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Echo Bank |