£115,898
This estimated value is based upon the latest sale price for the house of £95,000 on 29 Jun 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £95,000 | 29 Jun 2020 |
| £35,000 | 19 Mar 1999 |
| £32,000 | 19 Mar 1999 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2020 the House Price Index for CUMBRIA was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £95,000 results in an estimated price of approximately £115,898.
| 29 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £95,000 | £20,898 | £115,898 |
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 | 18.383 % | £17,464 | £112,464 |
| 3 Month Average | 4.866 % | £4,622 | £99,622 |
| 6 Month Average | 23.880 % | £22,685 | £117,685 |
| 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 |
| 13 Jan 2023 | £200,536 | £200,000 | 119 ORTON ROAD |
| 17 Jun 2022 | £173,713 | £170,000 | 1 FELLSIDE GROVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Feb 2017. Using an estimated price of £115,898 means this house is valued at £1,396 per sq meter (£129 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 |