£529,628
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Sep 1999. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £125,000 | 7 Sep 1999 |
| 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 1999 the House Price Index for CUMBRIA was 35.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 323.703%.Applying this 323.703% change to the original purchase price of £125,000 results in an estimated price of approximately £529,628.
| 7 Sep 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 149.7 | 323.703 % | £125,000 | £404,628 | £529,628 |
The Postcode Pricing Model uses changes in average sales price within the LA8 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 | 283.239 % | £354,048 | £479,048 |
| 3 Month Average | 297.465 % | £371,830 | £496,830 |
| 6 Month Average | 257.798 % | £322,247 | £447,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £250,000 | £250,000 | 1 SCROGGS COTTAGES KENTMERE ROAD |
| 13 Nov 2023 | £337,569 | £329,000 | BRIDGESTONE |
| 1 Nov 2023 | £372,454 | £363,000 | 5 FELLFOOT COTTAGES KENTMERE ROAD |
| 21 Sep 2023 | £224,959 | £220,000 | 2 SCROGGS COTTAGES KENTMERE ROAD |
| 14 Aug 2023 | £534,643 | £525,000 | 3 HIGH RESTON BARN |