£527,948
This estimated value is based upon the latest sale price for the house of £460,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £460,000 | 11 Dec 2020 |
| £325,000 | 12 Dec 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 December 2020 the House Price Index for CUMBRIA was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £460,000 results in an estimated price of approximately £527,948.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £460,000 | £67,948 | £527,948 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 12.947 % | £59,554 | £519,554 |
| 3 Month Average | 1.668 % | £7,671 | £467,671 |
| 6 Month Average | 10.676 % | £49,110 | £509,110 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £297,604 | £295,000 | 6 CHAPEL STONE COTTAGES FINSTHWAITE LANE |
| 24 Aug 2023 | £302,648 | £300,000 | 3 WOODSIDE COTTAGES |
| 30 Jun 2023 | £189,799 | £187,500 | LEVENS VIEW |
| 4 Nov 2022 | £207,487 | £210,000 | 1 ROUGH WATER COTTAGES FINSTHWAITE LANE |
| 4 Nov 2022 | £212,427 | £215,000 | 3 WILKINSON VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Finsthwaite Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Causeway |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Causeway |
| Feb 2024 | Public order | Awaiting court outcome | On or near The Causeway |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Causeway |