£489,248
This estimated value is based upon the latest sale price for the house of £485,000 on 8 Apr 2024. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £485,000 | 8 Apr 2024 |
| £650,000 | 7 Dec 2016 |
| 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 April 2024 the House Price Index for CUMBRIA was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £485,000 results in an estimated price of approximately £489,248.
| 8 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £485,000 | £4,248 | £489,248 |
The Postcode Pricing Model uses changes in average sales price within the LA23 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 | -28.963 % | £-140,468 | £344,531 |
| 3 Month Average | -21.989 % | £-106,645 | £378,354 |
| 6 Month Average | 5.340 % | £25,897 | £510,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £900,000 | £900,000 | GRASSINGS MIDDLE ENTRANCE DRIVE |
| 8 Apr 2024 | £489,249 | £485,000 | THE BRAMBLES MEADOWCROFT LANE |
| 22 Dec 2023 | £1,495,968 | £1,450,000 | HIDEAWAY MIDDLE ENTRANCE DRIVE |
| 18 Aug 2023 | £356,429 | £350,000 | 23 MEADOWCROFT COTTAGES MEADOWCROFT LANE |
| 29 Jun 2023 | £102,045 | £100,000 | 1 BOATHOUSE WINDERMERE MARINA VILLAGE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meadow Croft Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Longtail Hill |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Glebe Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glebe Drive |