£91,225
This estimated value is based upon the latest sale price for the house of £85,000 on 20 Sep 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £85,000 | 20 Sep 2021 |
| £90,000 | 9 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2021 the House Price Index for CUMBRIA was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £85,000 results in an estimated price of approximately £91,225.
| 20 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £85,000 | £6,225 | £91,225 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | -10.106 % | £-8,590 | £76,409 |
| 3 Month Average | 9.376 % | £7,969 | £92,969 |
| 6 Month Average | 2.201 % | £1,870 | £86,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £75,613 | £75,000 | 76 BUTTERMERE AVENUE |
| 31 May 2022 | £69,026 | £68,000 | 64 BUTTERMERE AVENUE |
| 1 Oct 2021 | £170,812 | £155,000 | 5 LEANDER CLOSE |
| 20 Sep 2021 | £91,226 | £85,000 | 57 BUTTERMERE AVENUE |
| 10 Sep 2021 | £77,810 | £72,500 | 51 BUTTERMERE AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Aug 2021. Using an estimated price of £91,226 means this house is valued at £1,073 per sq meter (£99 per sq foot).
The average size of a house on BUTTERMERE AVENUE is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grasmere Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Loweswater Avenue |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Loweswater Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Leander Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Leander Close |