£78,409
This estimated value is based upon the latest sale price for the house of £76,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for CUMBERLAND 1
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| Price Paid | Date |
|---|---|
| £76,000 | 1 Dec 2023 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for CUMBERLAND to estimate the market value.
When this house was purchased in December 2023 the House Price Index for CUMBERLAND was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £76,000 results in an estimated price of approximately £78,409.
| 1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £76,000 | £2,409 | £78,409 |
The Postcode Pricing Model uses changes in average sales price within the CA25 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 | 47.059 % | £35,764 | £111,764 |
| 3 Month Average | -42.412 % | £-32,233 | £43,766 |
| 6 Month Average | -15.189 % | £-11,543 | £64,456 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £78,409 | £76,000 | 6 GREYSTONE AVENUE |
| 29 Sep 2023 | £81,752 | £79,950 | 87 ENNERDALE ROAD |
| 6 Sep 2023 | £62,375 | £61,000 | 8 GREYSTONE PLACE |
| 29 Jun 2023 | £275,521 | £270,000 | LITTLE GARTH FRIZINGTON ROAD |
| 22 Jul 2022 | £262,632 | £260,000 | 41 RED BECK PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Frizington Road |
| Aug 2024 | Burglary | Awaiting court outcome | On or near Red Beck Park |
| Jul 2024 | Drugs | Awaiting court outcome | On or near Red Beck Park |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Red Beck Park |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keir Hardie Avenue |