£450,322
This estimated value is based upon the latest sale price for the house of £390,000 on 9 Nov 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £390,000 | 9 Nov 2020 |
| £320,000 | 22 Jul 2016 |
| £270,000 | 23 Mar 2005 |
| £122,000 | 3 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 November 2020 the House Price Index for CUMBRIA was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £390,000 results in an estimated price of approximately £450,322.
| 9 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £390,000 | £60,322 | £450,322 |
The Postcode Pricing Model uses changes in average sales price within the LA23 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 | 32.187 % | £125,529 | £515,529 |
| 3 Month Average | 14.607 % | £56,965 | £446,965 |
| 6 Month Average | 15.345 % | £59,847 | £449,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £405,202 | £400,000 | 21 SOUTH CRAIG |
| 14 Jul 2023 | £437,135 | £433,000 | 74 CRAIG WALK |
| 16 Jun 2023 | £530,300 | £526,000 | 17 NORTH CRAIG |
| 28 Apr 2023 | £367,733 | £365,000 | 78 CRAIG WALK |
| 31 Mar 2023 | £338,832 | £337,000 | 13 NORTH CRAIG |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 24 Jul 2020. Using an estimated price of £450,322 means this house is valued at £2,868 per sq meter (£266 per sq foot).
The average size of a house on CRAIG WALK is 114 sq meters (1,234 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Craig Walk |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lady Holme Walk |
| Apr 2024 | Drugs | Under investigation | On or near Lady Holme Walk |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lady Holme Walk |
| Apr 2024 | Possession of weapons | Under investigation | On or near Lady Holme Walk |