£365,335
This estimated value is based upon the latest sale price for the house of £273,000 on 8 Sep 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £273,000 | 8 Sep 2016 |
| Detached |
| Freehold |
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 2016 the House Price Index for CUMBRIA was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £273,000 results in an estimated price of approximately £365,335.
| 8 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £273,000 | £92,335 | £365,335 |
The Postcode Pricing Model uses changes in average sales price within the CA12 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 | -31.638 % | £-86,371 | £186,628 |
| 3 Month Average | 50.471 % | £137,785 | £410,785 |
| 6 Month Average | 55.061 % | £150,316 | £423,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £1,050,000 | £1,050,000 | 22 SPRINGS ROAD |
| 4 Dec 2023 | £644,814 | £625,000 | THE CROFT SPRINGS GARTH |
| 18 Jul 2022 | £513,175 | £508,033 | 36 LAKELAND PARK |
| 11 Apr 2022 | £1,530,197 | £1,475,000 | BIRDSONG BORROWDALE ROAD |
| 28 Feb 2022 | £808,190 | £765,000 | CASTLEDENE, 7 SPRINGS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Ferry Terminal |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Ferry Terminal |
| Jul 2024 | Other theft | Awaiting court outcome | On or near Ferry Terminal |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Ferry Terminal |