£405,389
This estimated value is based upon the latest sale price for the house of £240,000 on 2 Oct 2006. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £240,000 | 2 Oct 2006 |
| Terraced |
| Freehold |
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 October 2006 the House Price Index for CUMBRIA was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £240,000 results in an estimated price of approximately £405,389.
| 2 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £240,000 | £165,389 | £405,389 |
The Postcode Pricing Model uses changes in average sales price within the LA6 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 | 75.976 % | £182,341 | £422,341 |
| 3 Month Average | 38.406 % | £92,174 | £332,174 |
| 6 Month Average | 24.131 % | £57,914 | £297,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £187,780 | £185,000 | 52A MAIN STREET |
| 12 Jun 2023 | £303,678 | £300,000 | ACORN COTTAGE CHAPEL LANE |
| 23 Mar 2023 | £434,090 | £430,000 | 2 OLD SPICE MILL OLD AUCTION MART |
| 7 Feb 2023 | £874,412 | £875,000 | DENE HOUSE, 16 MAIN STREET |
| 4 May 2022 | £239,513 | £235,000 | APARTMENT 9 ROYAL HOUSE NEW ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Salt Pie Lane |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Salt Pie Lane |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Chapel Lane |
| Jan 2024 | Anti-social behaviour | On or near Chapel Lane | |
| Jan 2024 | Anti-social behaviour | On or near Chapel Lane |