£288,668
This estimated value is based upon the latest sale price for the house of £250,000 on 13 Nov 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £250,000 | 13 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 November 2020 the House Price Index for CUMBRIA was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £250,000 results in an estimated price of approximately £288,668.
| 13 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £250,000 | £38,668 | £288,668 |
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 | 22.133 % | £55,332 | £305,332 |
| 3 Month Average | -8.950 % | £-22,373 | £227,626 |
| 6 Month Average | 3.612 % | £9,030 | £259,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £398,772 | £395,000 | 6 KENWAY ROAD |
| 6 Jul 2023 | £383,629 | £380,000 | 23 GREYMOOR WAY |
| 31 Mar 2023 | £143,274 | £142,500 | 286 KINGSTOWN ROAD |
| 10 Feb 2023 | £111,473 | £112,000 | 14 ELMER PLACE |
| 22 Jul 2022 | £107,854 | £108,000 | 304 KINGSTOWN ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 19 Aug 2020. Using an estimated price of £288,668 means this house is valued at £2,510 per sq meter (£233 per sq foot).
The average size of a house on ELMER PLACE is 127 sq meters (1,371 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Local resolution | On or near Elmer Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greymoor Way |
| Apr 2024 | Shoplifting | Under investigation | On or near Kenway Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kenway Road |
| Apr 2024 | Public order | Under investigation | On or near Kenway Road |