£434,362
This estimated value is based upon the latest sale price for the house of £270,000 on 23 May 2007. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £270,000 | 23 May 2007 |
| Detached |
| Freehold |
| Floor Area: 50 sq meters or 538 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 May 2007 the House Price Index for CUMBRIA was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £270,000 results in an estimated price of approximately £434,362.
| 23 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £270,000 | £164,362 | £434,362 |
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 | 46.977 % | £126,837 | £396,837 |
| 3 Month Average | 35.924 % | £96,994 | £366,994 |
| 6 Month Average | 73.958 % | £199,686 | £469,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £589,050 | £580,000 | 3 FELLSIDE TOWER WOOD |
| 25 Oct 2023 | £1,253,469 | £1,225,000 | HILLWARD NEWBY BRIDGE ROAD |
| 1 Sep 2022 | £1,798,798 | £1,800,000 | GHYLL CRAG NEWBY BRIDGE ROAD |
| 8 Apr 2022 | £2,386,070 | £2,300,000 | YEW TREE NEWBY BRIDGE ROAD |
| 7 Apr 2022 | £793,628 | £765,000 | 6 FELLSIDE TOWER WOOD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 28 Jan 2020. Using an estimated price of £434,362 means this house is valued at £8,687 per sq meter (£807 per sq foot).
The average size of a house on TOWER WOOD is 182 sq meters (1,961 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Birks Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ghyll Head Road |