£591,241
This estimated value is based upon the latest sale price for the house of £127,000 on 11 Sep 1998. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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Price Paid | Date |
---|---|
£127,000 | 11 Sep 1998 |
Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 September 1998 the House Price Index for CUMBRIA was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £127,000 results in an estimated price of approximately £591,241.
11 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.9 | 148.6 | 365.544 % | £127,000 | £464,241 | £591,241 |
The Postcode Pricing Model uses changes in average sales price within the CA13 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 | 343.821 % | £436,652 | £563,652 |
3 Month Average | 313.309 % | £397,902 | £524,902 |
6 Month Average | 298.343 % | £378,895 | £505,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £324,145 | £320,000 | 4 BEECH LANE |
11 Apr 2023 | £429,626 | £425,000 | 6 BEECH LANE |
1 Feb 2023 | £239,839 | £240,000 | 42 OAKTREE CRESCENT |
12 Aug 2022 | £314,154 | £315,000 | 18 CEDAR LANE |
28 Jun 2022 | £403,198 | £397,500 | 26 BEECH LANE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 24 Apr 2013. Using an estimated price of £591,241 means this house is valued at £5,474 per sq meter (£508 per sq foot).
The average size of a house on BEECH LANE is 117 sq meters (1,260 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Lane |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Castlegate Drive |
Mar 2024 | Anti-social behaviour | On or near Castlegate Drive | |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Castlegate Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Lane |