£275,897
This estimated value is based upon the latest sale price for the house of £270,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £270,000 | 24 Jun 2022 |
| £226,500 | 18 Dec 2020 |
| £213,000 | 12 May 2006 |
| £143,450 | 20 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 June 2022 the House Price Index for CUMBRIA was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £270,000 results in an estimated price of approximately £275,897.
| 24 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £270,000 | £5,897 | £275,897 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 18.143 % | £48,984 | £318,984 |
| 3 Month Average | 3.384 % | £9,137 | £279,137 |
| 6 Month Average | 8.499 % | £22,948 | £292,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £244,908 | £240,000 | 14 FERN GROVE |
| 24 Jun 2022 | £275,898 | £270,000 | 21 SPRUCE GROVE |
| 30 May 2022 | £241,286 | £235,000 | 8 FERN GROVE |
| 21 Feb 2022 | £144,735 | £137,000 | 16 FERN WAY |
| 10 Sep 2021 | £235,569 | £217,000 | 5 FERN GROVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 28 Feb 2020. Using an estimated price of £275,898 means this house is valued at £2,652 per sq meter (£246 per sq foot).
The average size of a house on SPRUCE GROVE is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Spruce Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Laurel Bank |
| Jul 2024 | Other theft | Under investigation | On or near Winchester Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Broom Bank |
| Apr 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Chatsworth Drive |