£341,613
This estimated value is based upon the latest sale price for the house of £232,500 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £232,500 | 2 Apr 2015 |
| Terraced |
| 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 April 2015 the House Price Index for CUMBRIA was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £232,500 results in an estimated price of approximately £341,613.
| 2 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £232,500 | £109,113 | £341,613 |
The Postcode Pricing Model uses changes in average sales price within the CA11 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 | 6.659 % | £15,482 | £247,982 |
| 3 Month Average | 37.451 % | £87,073 | £319,573 |
| 6 Month Average | 28.738 % | £66,816 | £299,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £1,174,223 | £1,160,000 | HIGH MEADOW |
| 28 Apr 2023 | £573,677 | £567,500 | YEW TREES |
| 10 Feb 2023 | £724,512 | £725,000 | LEEMING COTTAGE |
| 26 Jan 2023 | £612,117 | £615,000 | COVE COTTAGE |
| 16 Nov 2022 | £864,528 | £875,000 | PLUM CREEK HOUSE SPARKET |