£503,946
This estimated value is based upon the latest sale price for the house of £407,500 on 11 Apr 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £407,500 | 11 Apr 2019 |
| £342,995 | 19 Nov 2007 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 April 2019 the House Price Index for CUMBRIA was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £407,500 results in an estimated price of approximately £503,946.
| 11 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £407,500 | £96,446 | £503,946 |
The Postcode Pricing Model uses changes in average sales price within the CA13 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 | 17.813 % | £72,589 | £480,089 |
| 3 Month Average | 32.288 % | £131,572 | £539,072 |
| 6 Month Average | 19.351 % | £78,854 | £486,354 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £243,108 | £240,000 | 2 KIRKSTONE AVENUE |
| 31 Mar 2023 | £92,875 | £92,000 | 14 HONISTER DRIVE |
| 17 Mar 2022 | £90,155 | £87,000 | 25 DUNMAIL CRESCENT |
| 22 Dec 2021 | £145,707 | £136,000 | 40 LOW ROAD CLOSE |
| 9 Dec 2021 | £148,386 | £138,500 | 27 LOW ROAD CLOSE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 10 May 2018. Using an estimated price of £503,947 means this house is valued at £3,382 per sq meter (£314 per sq foot).
The average size of a house on LOW ROAD CLOSE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Low Road Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Low Road Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Fletcher Close |
| Dec 2023 | Other theft | Local resolution | On or near Low Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fletcher Street |