£413,010
This estimated value is based upon the latest sale price for the house of £386,500 on 22 Jun 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £386,500 | 22 Jun 2021 |
| £250,000 | 5 May 2011 |
| £225,000 | 21 Nov 2008 |
| £245,000 | 19 Jun 2006 |
| £194,000 | 12 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2021 the House Price Index for CUMBRIA was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £386,500 results in an estimated price of approximately £413,010.
| 22 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £386,500 | £26,510 | £413,010 |
The Postcode Pricing Model uses changes in average sales price within the LA22 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 | -65.478 % | £-253,071 | £133,428 |
| 3 Month Average | -34.671 % | £-134,003 | £252,496 |
| 6 Month Average | -34.089 % | £-131,754 | £254,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £751,067 | £746,500 | 8 WATERHEAD CLOSE |
| 3 Jul 2023 | £388,677 | £385,000 | 7 WATERHEAD TERRACE |
| 7 Sep 2022 | £573,031 | £580,000 | OLD FARM COTTAGE |
| 28 Jul 2022 | £525,290 | £526,000 | FLAT 3 BRAESIDE SKELGHYLL LANE |
| 10 Feb 2022 | £626,676 | £600,000 | 10 ROMNEY GRANGE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 12 Mar 2021. Using an estimated price of £413,011 means this house is valued at £4,214 per sq meter (£391 per sq foot).
The average size of a house on WATERHEAD TERRACE is 127 sq meters (1,367 sq feet).
This house is the smallest in the street with a floor area of 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Other theft | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mciver Close |