£413,837
This estimated value is based upon the latest sale price for the house of £249,999 on 8 Dec 2006. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £249,999 | 8 Dec 2006 |
| £220,000 | 12 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 December 2006 the House Price Index for CUMBRIA was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £249,999 results in an estimated price of approximately £413,837.
| 8 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £249,999 | £163,838 | £413,837 |
The Postcode Pricing Model uses changes in average sales price within the CA1 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 | -23.361 % | £-58,403 | £191,595 |
| 3 Month Average | 18.358 % | £45,895 | £295,894 |
| 6 Month Average | 26.514 % | £66,285 | £316,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £218,829 | £215,000 | 11 TWICKENHAM COURT |
| 17 Aug 2023 | £151,324 | £150,000 | 13 TWICKENHAM COURT |
| 17 Mar 2023 | £302,853 | £300,000 | 3 HOLLY LANE |
| 10 Feb 2023 | £424,714 | £425,000 | 4 SYCAMORE LANE |
| 6 Jan 2022 | £415,701 | £395,000 | 12 CHERRY LANE |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 28 Oct 2014. Using an estimated price of £413,837 means this house is valued at £2,669 per sq meter (£248 per sq foot).
The average size of a house on OAK LANE is 156 sq meters (1,682 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holly Lane |