£257,521
This estimated value is based upon the latest sale price for the house of £209,995 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £209,995 | 25 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2019 the House Price Index for CUMBRIA was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £209,995 results in an estimated price of approximately £257,521.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £209,995 | £47,526 | £257,521 |
The Postcode Pricing Model uses changes in average sales price within the CA3 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 | 13.491 % | £28,329 | £238,324 |
| 3 Month Average | -7.521 % | £-15,793 | £194,201 |
| 6 Month Average | 5.488 % | £11,524 | £221,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £239,906 | £237,000 | 66 RAISBECK CLOSE |
| 26 Nov 2021 | £124,915 | £115,500 | 123 EDDERSIDE DRIVE |
| 23 Apr 2021 | £203,252 | £180,000 | 58 EDDERSIDE DRIVE |
| 21 Dec 2020 | £126,130 | £109,897 | 8 BURTHOLME AVENUE |
| 18 Dec 2020 | £268,565 | £234,000 | 16 BURTHOLME AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 10 Oct 2019. Using an estimated price of £257,522 means this house is valued at £2,627 per sq meter (£244 per sq foot).
The average size of a house on RAISBECK CLOSE is 99 sq meters (1,066 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Edderside Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edderside Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edderside Drive |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Burtholme Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Burtholme Avenue |