£191,487
This estimated value is based upon the latest sale price for the house of £155,000 on 16 Oct 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £155,000 | 16 Oct 2019 |
| £152,000 | 29 Jul 2011 |
| £97,000 | 3 Oct 2003 |
| £44,500 | 10 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 October 2019 the House Price Index for CUMBRIA was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £155,000 results in an estimated price of approximately £191,487.
| 16 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £155,000 | £36,487 | £191,487 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | -21.406 % | £-33,179 | £121,820 |
| 3 Month Average | 14.600 % | £22,630 | £177,630 |
| 6 Month Average | 19.834 % | £30,741 | £185,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £123,125 | £120,000 | 6 SCAURBANK TERRACE |
| 20 Oct 2023 | £122,789 | £120,000 | 26 FULFORD WALK |
| 31 Aug 2023 | £94,708 | £93,000 | 1 SUNNINGDALE GARDENS |
| 30 Jun 2023 | £102,045 | £100,000 | 14 FULFORD WALK |
| 21 Jun 2023 | £126,128 | £123,600 | 22 FULFORD WALK |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 10 Jul 2019. Using an estimated price of £191,487 means this house is valued at £1,569 per sq meter (£145 per sq foot).
The average size of a house on RIVERBANK COURT is 136 sq meters (1,468 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Riverbank Court |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near Riverbank Court |
| Aug 2024 | Drugs | Under investigation | On or near St Mellion Close |
| Aug 2024 | Drugs | Local resolution | On or near St Mellion Close |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Parking Area |