£227,942
This estimated value is based upon the latest sale price for the house of £215,000 on 24 Jan 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Hollowrane
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| Price Paid | Date |
|---|---|
| £215,000 | 24 Jan 2022 |
| £186,000 | 15 Jun 2020 |
| £169,000 | 27 Nov 2015 |
| £74,000 | 17 Aug 2001 |
| £66,000 | 3 Jul 2000 |
| 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 January 2022 the House Price Index for CUMBRIA was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £215,000 results in an estimated price of approximately £227,942.
| 24 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £215,000 | £12,942 | £227,942 |
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 | -28.065 % | £-60,340 | £154,659 |
| 3 Month Average | 18.795 % | £40,408 | £255,408 |
| 6 Month Average | 14.009 % | £30,118 | £245,118 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £230,000 | £230,000 | 1 GLEBE CLOSE |
| 15 Aug 2022 | £552,584 | £550,000 | 32 MOREWOOD DRIVE |
| 8 Aug 2022 | £213,498 | £212,500 | 46 MOREWOOD DRIVE |
| 24 Jan 2022 | £227,943 | £215,000 | 22 GLEBE CLOSE |
| 20 Jan 2022 | £171,752 | £162,000 | 2 GLEBE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Hollowrane |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hollowrane |
| Aug 2024 | Anti-social behaviour | On or near Church Bank Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Church Bank Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Church Bank Gardens |