£88,180
This estimated value is based upon the latest sale price for the house of £85,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£85,000 | 14 Apr 2022 |
£47,000 | 2 Aug 2002 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 912 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 April 2022 the House Price Index for CUMBRIA was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £85,000 results in an estimated price of approximately £88,180.
14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £85,000 | £3,180 | £88,180 |
The Postcode Pricing Model uses changes in average sales price within the CA2 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 | -10.849 % | £-9,221 | £75,778 |
3 Month Average | 11.757 % | £9,993 | £94,993 |
6 Month Average | 14.558 % | £12,374 | £97,374 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £109,876 | £106,500 | 2 RICHMOND GREEN |
7 Dec 2023 | £111,424 | £108,000 | 38 RICHMOND GREEN |
4 Dec 2023 | £110,908 | £107,500 | 26 RICHMOND GREEN |
23 Oct 2023 | £284,461 | £278,000 | 12 SOLWAY PARK |
13 Jan 2023 | £200,536 | £200,000 | 119 ORTON ROAD |
This house has a floor area of 84 sq meters or 912 sq feet when measured on 28 Apr 2011. Using an estimated price of £88,181 means this house is valued at £1,040 per sq meter (£96 per sq foot).
The average size of a house on RICHMOND GREEN is 92 sq meters (994 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Richmond Green |
Apr 2024 | Anti-social behaviour | On or near Richmond Green | |
Apr 2024 | Anti-social behaviour | On or near Richmond Green | |
Apr 2024 | Anti-social behaviour | On or near Richmond Green | |
Apr 2024 | Anti-social behaviour | On or near Richmond Green |