£469,509
This estimated value is based upon the latest sale price for the house of £350,050 on 19 Aug 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £350,050 | 19 Aug 2016 |
| Semi-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 August 2016 the House Price Index for CUMBRIA was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £350,050 results in an estimated price of approximately £469,509.
| 19 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £350,050 | £119,459 | £469,509 |
The Postcode Pricing Model uses changes in average sales price within the LA20 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 | 15.306 % | £53,577 | £403,627 |
| 3 Month Average | 15.296 % | £53,544 | £403,594 |
| 6 Month Average | 7.128 % | £24,951 | £375,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £634,409 | £620,000 | 1 LONG HOUSE COTTAGES |
| 5 Sep 2023 | £818,033 | £800,000 | HARE HALL |
| 1 Sep 2022 | £594,603 | £595,000 | THE LOW WOOD BARN |
| 16 Dec 2021 | £527,242 | £488,500 | OLD CATTLE BARN |
| 5 Feb 2021 | £381,398 | £333,500 | CARTER GROUND FARM |