£400,844
This estimated value is based upon the latest sale price for the house of £232,000 on 29 Sep 2011. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £232,000 | 29 Sep 2011 |
| 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 2011 the House Price Index for CUMBRIA was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £232,000 results in an estimated price of approximately £400,844.
| 29 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £232,000 | £168,844 | £400,844 |
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 | 36.022 % | £83,570 | £315,570 |
| 3 Month Average | 31.668 % | £73,469 | £305,469 |
| 6 Month Average | 41.276 % | £95,759 | £327,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £338,355 | £338,355 | OAK VALE COTTAGE |
| 6 Apr 2023 | £384,136 | £380,000 | PENNY BRIDGE HOUSE |
| 28 Feb 2023 | £209,859 | £210,000 | 3 BANKSIDE |
| 21 Jan 2022 | £315,722 | £300,000 | 2 WOODBINE TERRACE |
| 6 Jan 2022 | £310,460 | £295,000 | TORWOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Vale |
| Apr 2024 | Other theft | Under investigation | On or near Sheriff Well Close |
| Apr 2024 | Drugs | Local resolution | On or near Sheriff Well Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near The Rake |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Silver Lane |