£339,073
This estimated value is based upon the latest sale price for the house of £278,000 on 18 Jun 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £278,000 | 18 Jun 2019 |
| £200,000 | 8 Jul 2016 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2019 the House Price Index for CUMBRIA was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.969%.Applying this 21.969% change to the original purchase price of £278,000 results in an estimated price of approximately £339,073.
| 18 Jun 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.969 % | £278,000 | £61,073 | £339,073 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 54.174 % | £150,602 | £428,602 |
| 3 Month Average | 20.092 % | £55,854 | £333,854 |
| 6 Month Average | 26.199 % | £72,832 | £350,832 |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 26 Nov 2015.
The average size of a house on MACHELL CLOSE is 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Trinity Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queen Street |
| Feb 2024 | Robbery | Unable to prosecute suspect | On or near Queen Street |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Queen Street |
| Jan 2024 | Anti-social behaviour | On or near Kennedy Place |