£480,266
This estimated value is based upon the latest sale price for the house of £470,000 on 7 Jun 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £470,000 | 7 Jun 2022 |
| 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 June 2022 the House Price Index for CUMBRIA was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £470,000 results in an estimated price of approximately £480,266.
| 7 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £470,000 | £10,266 | £480,266 |
The Postcode Pricing Model uses changes in average sales price within the LA5 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 | 47.968 % | £225,450 | £695,450 |
| 3 Month Average | 18.317 % | £86,088 | £556,088 |
| 6 Month Average | 8.387 % | £39,420 | £509,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £730,000 | £730,000 | TYR CELYN NEW BARNS CLOSE |
| 18 Mar 2024 | £568,738 | £560,000 | YEW TREE COURT FAR CLOSE DRIVE |
| 16 Aug 2023 | £677,214 | £665,000 | PRIMROSE BANK NEW BARNS ROAD |
| 30 Mar 2023 | £508,492 | £500,000 | APARTMENT 2 THE GRANGE KNOTT LANE |
| 24 Mar 2023 | £752,568 | £740,000 | CROWNTREES NEW BARNS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knott Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashmeadow Road |
| Jun 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Chapel Lane |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pier Lane |