£449,497
This estimated value is based upon the latest sale price for the house of £278,000 on 16 Dec 2013. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £278,000 | 16 Dec 2013 |
| £87,000 | 27 Mar 1998 |
| Detached |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 2013 the House Price Index for CUMBRIA was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £278,000 results in an estimated price of approximately £449,497.
| 16 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £278,000 | £171,497 | £449,497 |
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 | 57.955 % | £161,113 | £439,113 |
| 3 Month Average | 35.775 % | £99,453 | £377,453 |
| 6 Month Average | 36.702 % | £102,031 | £380,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £330,071 | £325,000 | 132 STAINBANK ROAD |
| 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 |
| 25 Nov 2022 | £338,418 | £340,000 | 16 HAZELWOOD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 8 Jul 2013. Using an estimated price of £449,498 means this house is valued at £4,364 per sq meter (£405 per sq foot).
The average size of a house on HEATH CLOSE is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | Criminal damage and arson | 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 | Violence and sexual offences | Under investigation | On or near Echo Bank |