£603,452
This estimated value is based upon the latest sale price for the house of £350,000 on 10 Dec 2010. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £350,000 | 10 Dec 2010 |
| £270,000 | 25 Oct 2002 |
| 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 December 2010 the House Price Index for CUMBRIA was 86.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.415%.Applying this 72.415% change to the original purchase price of £350,000 results in an estimated price of approximately £603,452.
| 10 Dec 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 149.7 | 72.415 % | £350,000 | £253,452 | £603,452 |
The Postcode Pricing Model uses changes in average sales price within the LA10 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 | 37.713 % | £131,994 | £481,994 |
| 3 Month Average | 24.271 % | £84,948 | £434,948 |
| 6 Month Average | 20.316 % | £71,106 | £421,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2024 | £425,000 | £425,000 | BRIDGE COTTAGE |
| 23 Sep 2024 | £320,000 | £320,000 | OLD POLICE HOUSE |
| 18 Dec 2023 | £551,961 | £535,000 | TUB HOLE BARN |
| 18 Dec 2023 | £551,961 | £535,000 | MILTON BARN WEST BACKSTONEGILL |
| 20 Sep 2023 | £40,902 | £40,000 | GARSDALE STREET METHODIST CHAPEL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Backstone Gill Outrake |