£406,147
This estimated value is based upon the latest sale price for the house of £331,191 on 7 Oct 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £331,191 | 7 Oct 2019 |
| 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 October 2019 the House Price Index for CUMBRIA was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £331,191 results in an estimated price of approximately £406,147.
| 7 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £331,191 | £74,956 | £406,147 |
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 | 25.731 % | £85,220 | £416,411 |
| 3 Month Average | 6.900 % | £22,852 | £354,043 |
| 6 Month Average | 17.361 % | £57,497 | £388,688 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £1,004,877 | £990,000 | HIGH HAYBRIDGE |
| 23 Jun 2023 | £187,268 | £185,000 | ALDIN |
| 7 Feb 2023 | £424,714 | £425,000 | 5 FORCE FORGE COTTAGES |
| 24 Oct 2022 | £816,212 | £825,000 | CROSSLANDS COTTAGE |
| 29 Jul 2022 | £721,943 | £720,000 | OLD BOBBIN MILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Skowbarrow Lane |