£387,377
This estimated value is based upon the latest sale price for the house of £315,300 on 21 Dec 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £315,300 | 21 Dec 2018 |
| 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 2018 the House Price Index for CUMBRIA was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £315,300 results in an estimated price of approximately £387,377.
| 21 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £315,300 | £72,077 | £387,377 |
The Postcode Pricing Model uses changes in average sales price within the CA19 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 | 52.263 % | £164,786 | £480,086 |
| 3 Month Average | 32.932 % | £103,833 | £419,133 |
| 6 Month Average | 60.864 % | £191,904 | £507,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £442,692 | £440,000 | THE CEDARS IRTON HALL |
| 28 Jun 2023 | £141,144 | £140,000 | WOODLANDS TEA ROOM AND GIFT SHOP |
| 3 Mar 2023 | £313,696 | £312,000 | THE BITT |
| 27 Feb 2023 | £746,469 | £750,000 | OLD SCHOOL |
| 8 Feb 2023 | £880,834 | £885,000 | HERMONS HILL |