£570,751
This estimated value is based upon the latest sale price for the house of £430,000 on 2 Nov 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £430,000 | 2 Nov 2016 |
| Detached |
| Freehold |
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 2016 the House Price Index for CUMBRIA was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £430,000 results in an estimated price of approximately £570,751.
| 2 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £430,000 | £140,751 | £570,751 |
The Postcode Pricing Model uses changes in average sales price within the LA5 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 | -14.348 % | £-61,694 | £368,305 |
| 3 Month Average | 9.252 % | £39,782 | £469,782 |
| 6 Month Average | 10.157 % | £43,676 | £473,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £677,214 | £665,000 | PRIMROSE BANK NEW BARNS ROAD |
| 20 Apr 2023 | £292,980 | £287,500 | FLAT 14 HEATHCLIFFE COURT REDHILLS ROAD |
| 30 Mar 2023 | £508,492 | £500,000 | APARTMENT 2 THE GRANGE KNOTT LANE |
| 28 Feb 2023 | £490,778 | £487,500 | APARTMENT 3 THE GRANGE KNOTT LANE |
| 15 Sep 2022 | £594,603 | £595,000 | IVY GARTH, 3 SAUL GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashmeadow Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pier Lane |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Pier Lane |