£204,165
This estimated value is based upon the latest sale price for the house of £179,950 on 22 Jul 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £179,950 | 22 Jul 2021 |
| £45,000 | 27 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2021 the House Price Index for CUMBRIA was 129.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.457%.Applying this 13.457% change to the original purchase price of £179,950 results in an estimated price of approximately £204,165.
| 22 Jul 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 146.7 | 13.457 % | £179,950 | £24,215 | £204,165 |
The Postcode Pricing Model uses changes in average sales price within the CA20 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 | -7.282 % | £-13,104 | £166,845 |
| 3 Month Average | -3.664 % | £-6,593 | £173,356 |
| 6 Month Average | 4.685 % | £8,430 | £188,380 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 3 Mar 2015.
The average size of a house on THE BANKS is 175 sq meters (1,890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Santon Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Santon Way |