£315,492
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Jul 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There has been one burglary within the last year on or near Petrol Station
More crime details
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| Price Paid | Date |
|---|---|
| £240,000 | 4 Jul 2016 |
| £190,000 | 16 Sep 2013 |
| £110,000 | 22 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 2016 the House Price Index for CUMBRIA was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £240,000 results in an estimated price of approximately £315,492.
| 4 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £240,000 | £75,492 | £315,492 |
The Postcode Pricing Model uses changes in average sales price within the LA22 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 | -25.000 % | £-60,000 | £180,000 |
| 3 Month Average | -45.998 % | £-110,395 | £129,604 |
| 6 Month Average | -8.503 % | £-20,406 | £219,593 |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 6 Mar 2013.
The average size of a house on LAKE ROAD is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Dec 2023 | Robbery | Unable to prosecute suspect | On or near Low Gale |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Parking Area |