Full Address

RICHARDSON HOUSE GRETNA LOANING
MILL HILL
GRETNA
CUMBRIA
UNITED KINGDOM
DG16 5HU

Estimated Market Value

£349,813

This estimated value is based upon the latest sale price for the house of £345,000 on 21 Dec 2018. This value is then adjusted by the current Official House Price Index for CUMBRIA1

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Transactions for this house
Price PaidDate
£345,00021 Dec 2018
£15,0002 Nov 2018
£418,95931 Aug 2017
£180,00024 Oct 2002
House Details
Freehold

House Price Models

Land Registry House Price Index Model

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 December 2018 the House Price Index for CUMBRIA was 110.2.

The House Price Index as of 1 Dec 2019 is 111.8 which is a change of 1.395%.

Applying this 1.395% change to the original purchase price of £345,000 gives us an estimated price now of around £349,812.

21 Dec 2018 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
110.2 111.8 1.395 % £345,000 £4,812 £349,812

The Postcode Pricing Model uses changes in average sales price within the DG16 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 -46.377 % £-159,999 £185,000
3 Month Average 157.169 % £542,234 £887,234
6 Month Average 157.169 % £542,234 £887,234
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
20 Dec 2019 £90,000 £90,000 38 GREENMILL ROAD
11 Oct 2019 £221,801 £225,000 LLAMEDOS METAL BRIDGE
13 Sep 2019 £157,190 £160,000 BRIDGE END COTTAGE BRIDGE STREET
31 May 2019 £190,792 £190,000 WOODLANDS
7 May 2019 £258,072 £257,000 WOODVILLA GRETNA LOANING

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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