£141,514
This estimated value is based upon the latest sale price for the house of £115,000 on 9 Aug 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £115,000 | 9 Aug 2019 |
| £117,500 | 23 Jun 2017 |
| £76,000 | 31 Aug 2016 |
| £29,000 | 12 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 527 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 August 2019 the House Price Index for CUMBRIA was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £115,000 results in an estimated price of approximately £141,514.
| 9 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £115,000 | £26,514 | £141,514 |
The Postcode Pricing Model uses changes in average sales price within the CA11 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 | 3.268 % | £3,758 | £118,758 |
| 3 Month Average | 12.444 % | £14,311 | £129,311 |
| 6 Month Average | 18.156 % | £20,879 | £135,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £196,721 | £195,000 | 18 CASTLE FOUNDRY |
| 1 Jun 2023 | £150,574 | £148,750 | 16 CASTLE FOUNDRY |
| 17 Feb 2023 | £89,939 | £90,000 | 13 GREAT DOCKRAY |
| 3 Feb 2023 | £155,645 | £155,750 | 8 FALLOWFIELD COURT |
| 26 Jan 2023 | £139,344 | £140,000 | 14 WEST LANE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 7 Apr 2017. Using an estimated price of £141,515 means this house is valued at £2,888 per sq meter (£268 per sq foot).
The average size of a house on WEST LANE is 61 sq meters (659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near West Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near West Lane |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Castle Terrace |
| Dec 2023 | Drugs | Local resolution | On or near Castle Terrace |
| Dec 2023 | Drugs | Local resolution | On or near Castle Terrace |