£372,774
This estimated value is based upon the latest sale price for the house of £279,950 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £279,950 | 29 Jul 2016 |
| £250,000 | 6 Sep 2012 |
| £85,000 | 27 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,228 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 July 2016 the House Price Index for CUMBRIA was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £279,950 results in an estimated price of approximately £372,774.
| 29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £279,950 | £92,824 | £372,774 |
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 | -18.576 % | £-52,002 | £227,947 |
| 3 Month Average | 16.698 % | £46,745 | £326,695 |
| 6 Month Average | 16.817 % | £47,079 | £327,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £297,604 | £295,000 | 5 LANCASTER PLACE |
| 17 Apr 2023 | £217,340 | £215,000 | 15 BRACKENHILL LANE |
| 13 Apr 2023 | £333,592 | £330,000 | 3 MARVEJOLS PARK |
| 6 Mar 2023 | £338,186 | £335,000 | 23 EVENING HILL DRIVE |
| 25 Apr 2022 | £236,854 | £230,000 | 11 BRACKENHILL LANE |
This house has a floor area of 114 sq meters or 1,228 sq feet when measured on 23 Mar 2012. Using an estimated price of £372,775 means this house is valued at £3,267 per sq meter (£303 per sq foot).
The average size of a house on MARVEJOLS PARK is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Marvejols Park |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holmewood Paddock |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Holmewood Paddock |