£293,484
This estimated value is based upon the latest sale price for the house of £280,000 on 7 Jan 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £280,000 | 7 Jan 2022 |
| £195,000 | 4 Feb 2011 |
| £126,000 | 23 Jul 2002 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 January 2022 the House Price Index for CUMBRIA was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £280,000 results in an estimated price of approximately £293,484.
| 7 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £280,000 | £13,484 | £293,484 |
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 | 51.817 % | £145,087 | £425,087 |
| 3 Month Average | -7.369 % | £-20,633 | £259,366 |
| 6 Month Average | 3.719 % | £10,413 | £290,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £303,896 | £299,995 | 85 PENNINGTON DRIVE |
| 19 Aug 2022 | £253,289 | £255,000 | 23 PENNINGTON DRIVE |
| 15 Jul 2022 | £191,741 | £192,000 | 36 PENNINGTON DRIVE |
| 16 Jun 2022 | £298,020 | £295,000 | 4 LANSDOWNE CLOSE |
| 25 Mar 2022 | £268,340 | £260,000 | 14 LANSDOWNE CLOSE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 24 Sep 2021. Using an estimated price of £293,484 means this house is valued at £2,347 per sq meter (£218 per sq foot).
The average size of a house on LANSDOWNE CLOSE is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Lansdowne Close |
| Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Lansdowne Close |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Public order | Under investigation | On or near Supermarket |