£395,899
This estimated value is based upon the latest sale price for the house of £325,000 on 27 Jul 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £325,000 | 27 Jul 2020 |
| £93,000 | 23 May 1997 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 July 2020 the House Price Index for CUMBRIA was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £325,000 results in an estimated price of approximately £395,899.
| 27 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £325,000 | £70,899 | £395,899 |
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 | 236.218 % | £767,708 | £1,092,708 |
| 3 Month Average | 3.465 % | £11,262 | £336,262 |
| 6 Month Average | 11.634 % | £37,810 | £362,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £154,239 | £149,500 | 48 MONUMENT WAY |
| 10 Nov 2022 | £263,767 | £265,000 | 41 MONUMENT WAY |
| 29 Jul 2022 | £247,480 | £245,000 | 6 OUBAS HILL |
| 25 Feb 2022 | £158,469 | £150,000 | 2 OUBAS HILL |
| 15 Feb 2022 | £454,277 | £430,000 | 23 OUBAS HILL |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 6 Sep 2019. Using an estimated price of £395,900 means this house is valued at £3,700 per sq meter (£343 per sq foot).
The average size of a house on OUBAS HILL is 114 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Newland Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Newland Road |
| Jul 2024 | Other theft | Under investigation | On or near Hoad Lane |
| Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Hoad Lane |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hoad Lane |