£365,914
This estimated value is based upon the latest sale price for the house of £300,000 on 23 Jan 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £300,000 | 23 Jan 2020 |
| £205,000 | 27 Mar 2015 |
| £65,000 | 28 Jul 1997 |
| £64,000 | 7 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2020 the House Price Index for CUMBRIA was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £300,000 results in an estimated price of approximately £365,914.
| 23 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £300,000 | £65,914 | £365,914 |
The Postcode Pricing Model uses changes in average sales price within the LA16 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 | 148.067 % | £444,201 | £744,201 |
| 3 Month Average | 45.601 % | £136,801 | £436,801 |
| 6 Month Average | 145.494 % | £436,481 | £736,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £300,508 | £295,250 | 9 CASPIAN ROAD |
| 30 Jun 2023 | £251,041 | £248,000 | 36 CASPIAN ROAD |
| 3 Feb 2023 | £377,746 | £378,000 | 34 PARKLANDS DRIVE |
| 29 Nov 2022 | £343,835 | £348,000 | 17 PARKLANDS DRIVE |
| 24 Jun 2022 | £251,048 | £247,500 | 16 PARKLANDS DRIVE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 28 Mar 2014. Using an estimated price of £365,914 means this house is valued at £2,904 per sq meter (£269 per sq foot).
The average size of a house on PARKLANDS DRIVE is 135 sq meters (1,455 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Alexander Place |
| Apr 2024 | Public order | Under investigation | On or near Alexander Place |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Alexander Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alexander Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Place |