£229,656
This estimated value is based upon the latest sale price for the house of £185,000 on 29 Nov 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£185,000 | 29 Nov 2018 |
£64,950 | 2 May 1997 |
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 November 2018 the House Price Index for CUMBRIA was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £185,000 results in an estimated price of approximately £229,656.
29 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £185,000 | £44,656 | £229,656 |
The Postcode Pricing Model uses changes in average sales price within the LA18 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 | 70.131 % | £129,741 | £314,741 |
3 Month Average | 10.880 % | £20,128 | £205,128 |
6 Month Average | 6.390 % | £11,821 | £196,821 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £281,199 | £275,000 | 14 LOWTHER ROAD |
25 Sep 2023 | £219,846 | £215,000 | 2 LANGDALE CLOSE |
25 Aug 2023 | £178,214 | £175,000 | 44 LOWTHER ROAD |
17 Mar 2023 | £223,736 | £220,000 | 13 BUTTERMERE DRIVE |
10 Feb 2023 | £261,748 | £260,000 | 2 ENNERDALE CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 29 Aug 2018. Using an estimated price of £229,657 means this house is valued at £3,145 per sq meter (£292 per sq foot).
There is one other house on the street which we know the size of, this is 4 RYDAL CLOSE it is 97.5
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Seathwaite Close |
May 2024 | Public order | Under investigation | On or near Seathwaite Close |
May 2024 | Violence and sexual offences | Under investigation | On or near St George'S Road |
Jul 2024 | Anti-social behaviour | On or near Derwentwater Close | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Theatre/Concert Hall |