£346,318
This estimated value is based upon the latest sale price for the house of £190,000 on 31 Jul 2009. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £190,000 | 31 Jul 2009 |
| £190,000 | 31 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 971 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 2009 the House Price Index for CUMBRIA was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £190,000 results in an estimated price of approximately £346,318.
| 31 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £190,000 | £156,318 | £346,318 |
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 | 59.061 % | £112,216 | £302,216 |
| 3 Month Average | 45.270 % | £86,013 | £276,013 |
| 6 Month Average | 38.887 % | £73,885 | £263,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £227,759 | £225,000 | 48 TOWERS LANE |
| 15 Nov 2022 | £291,469 | £295,000 | 22 ROSE LANE |
| 30 Sep 2021 | £237,070 | £220,000 | 4 ROSE GARTH |
| 30 Jun 2021 | £440,435 | £410,500 | 16 ROSE LANE |
| 29 Jun 2021 | £348,700 | £325,000 | ORCHARD HOUSE TOWERS LANE |
This house has a floor area of 90 sq meters or 971 sq feet when measured on 2 Feb 2009. Using an estimated price of £346,318 means this house is valued at £3,836 per sq meter (£356 per sq foot).
The average size of a house on TOWERS LANE is 108 sq meters (1,170 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunscales Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Briar Bank |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sports/Recreation Area |
| Jan 2024 | Public order | Local resolution | On or near Sports/Recreation Area |
| Feb 2024 | Anti-social behaviour | On or near Howfoot |