£251,558
This estimated value is based upon the latest sale price for the house of £240,000 on 25 Jan 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£240,000 | 25 Jan 2022 |
£183,000 | 27 Aug 2020 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 January 2022 the House Price Index for CUMBRIA was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £240,000 results in an estimated price of approximately £251,558.
25 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.0 | 4.816 % | £240,000 | £11,558 | £251,558 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | 51.817 % | £124,360 | £364,360 |
3 Month Average | -7.369 % | £-17,686 | £222,313 |
6 Month Average | 3.719 % | £8,926 | £248,926 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £194,156 | £193,500 | 68 LOWRY HILL ROAD |
7 Jul 2023 | £227,149 | £225,000 | WESTMOOR HOUSE WESTMOOR ROAD |
23 Jun 2023 | £294,891 | £292,500 | 13 SARK CLOSE |
21 Jun 2023 | £196,594 | £195,000 | 2 NETHERBY DRIVE |
20 Jan 2023 | £276,571 | £279,000 | 7 SARK CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 16 Jun 2020. Using an estimated price of £251,558 means this house is valued at £2,206 per sq meter (£205 per sq foot).
The average size of a house on SARK CLOSE is 128 sq meters (1,381 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Leabank Road |
Feb 2024 | Other theft | Under investigation | On or near Leabank Road |
Apr 2024 | Shoplifting | Under investigation | On or near Westmoor Road |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Westmoor Road |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Westmoor Road |