£242,450
This estimated value is based upon the latest sale price for the house of £235,000 on 6 Dec 2023. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£235,000 | 6 Dec 2023 |
£140,000 | 17 Aug 2018 |
£143,000 | 18 May 2012 |
£53,000 | 17 Mar 1995 |
Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 December 2023 the House Price Index for CUMBRIA was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £235,000 results in an estimated price of approximately £242,450.
6 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £235,000 | £7,450 | £242,450 |
The Postcode Pricing Model uses changes in average sales price within the CA21 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 | 23.404 % | £55,000 | £290,000 |
3 Month Average | 2.482 % | £5,831 | £240,831 |
6 Month Average | -32.639 % | £-76,702 | £158,297 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £263,000 | £263,000 | 6 STATION CRESCENT |
15 Dec 2023 | £301,257 | £292,000 | CLARVILLE BRAYSTONES ROAD |
6 Dec 2023 | £242,450 | £235,000 | 4 FLEMING DRIVE |
24 Mar 2023 | £254,246 | £250,000 | 3 FLEMING DRIVE |
24 Feb 2023 | £181,210 | £180,000 | NANNYCROFT COTTAGE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Aug 2018. Using an estimated price of £242,450 means this house is valued at £3,321 per sq meter (£308 per sq foot).
There is one other house on the street which we know the size of, this is 1 FLEMING DRIVE it is 69.0
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Lowrey Close | |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Station Crescent |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Mill Fields |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Kirkbeck Drive |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kirkbeck Drive |