£553,673
This estimated value is based upon the latest sale price for the house of £449,995 on 28 Mar 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £449,995 | 28 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 March 2019 the House Price Index for CUMBRIA was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £449,995 results in an estimated price of approximately £553,673.
| 28 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £449,995 | £103,678 | £553,673 |
The Postcode Pricing Model uses changes in average sales price within the LA14 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 | 23.814 % | £107,161 | £557,156 |
| 3 Month Average | 12.172 % | £54,775 | £504,770 |
| 6 Month Average | 11.736 % | £52,811 | £502,806 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £203,857 | £200,000 | 3 WOODLAND PARK |
| 24 Aug 2023 | £432,631 | £430,000 | 174 CLIFFE LANE |
| 5 Aug 2022 | £228,456 | £230,000 | 21 LICHFIELD CLOSE |
| 25 Jul 2022 | £579,217 | £580,000 | 51 THORNCLIFFE ROAD |
| 21 Jun 2022 | £282,867 | £280,000 | 6 THORNFIELD PARK |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 30 Jul 2017. Using an estimated price of £553,674 means this house is valued at £3,335 per sq meter (£309 per sq foot).
The average size of a house on THORNCLIFFE ROAD is 156 sq meters (1,686 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Elkstone Avenue |
| Apr 2024 | Anti-social behaviour | On or near Thornfield Park | |
| Apr 2024 | Anti-social behaviour | On or near Thornfield Park | |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Thornfield Park |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Grantley Road |