£291,415
This estimated value is based upon the latest sale price for the house of £222,500 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £222,500 | 24 Feb 2017 |
| £227,500 | 2 Nov 2011 |
| £69,000 | 19 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 February 2017 the House Price Index for CUMBRIA was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £222,500 results in an estimated price of approximately £291,415.
| 24 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £222,500 | £68,915 | £291,415 |
The Postcode Pricing Model uses changes in average sales price within the LA23 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 | -20.276 % | £-45,113 | £177,386 |
| 3 Month Average | 0.897 % | £1,995 | £224,495 |
| 6 Month Average | 54.499 % | £121,260 | £343,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £428,156 | £415,000 | 5 LANE HEAD |
| 14 Apr 2023 | £270,051 | £265,000 | 18 MILL BROW |
| 5 Aug 2022 | £223,545 | £222,500 | 11 SCHOOL KNOTT DRIVE |
| 10 Jun 2022 | £899,222 | £880,000 | ROYAL THORN VICTORIA ROAD |
| 25 Mar 2022 | £221,314 | £212,000 | 2 SCHOOL KNOTT DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 15 May 2014. Using an estimated price of £291,416 means this house is valued at £3,553 per sq meter (£330 per sq foot).
The average size of a house on VICTORIA ROAD NORTH is 100 sq meters (1,082 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Knott Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Beck Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ghyll Close |