£247,416
This estimated value is based upon the latest sale price for the house of £220,000 on 1 Apr 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£220,000 | 1 Apr 2021 |
£207,096 | 23 Jan 2015 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2021 the House Price Index for CUMBRIA was 131.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.462%.Applying this 12.462% change to the original purchase price of £220,000 results in an estimated price of approximately £247,416.
1 Apr 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 148.0 | 12.462 % | £220,000 | £27,416 | £247,416 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | -40.243 % | £-88,533 | £131,466 |
3 Month Average | -45.015 % | £-99,033 | £120,966 |
6 Month Average | -4.021 % | £-8,846 | £211,153 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £175,000 | £175,000 | 99 GLARAMARA DRIVE |
14 Jul 2023 | £262,483 | £260,000 | 86 GLARAMARA DRIVE |
9 Jun 2023 | £206,676 | £205,000 | 26 GLARAMARA DRIVE |
28 Nov 2022 | £169,747 | £172,500 | 67 GLARAMARA DRIVE |
25 Nov 2022 | £186,968 | £190,000 | 163 GLARAMARA DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 22 Aug 2014. Using an estimated price of £247,416 means this house is valued at £2,151 per sq meter (£199 per sq foot).
The average size of a house on GLARAMARA DRIVE is 100 sq meters (1,083 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Caven Close |