£199,756
This estimated value is based upon the latest sale price for the house of £146,800 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £146,800 | 31 Mar 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 March 2016 the House Price Index for CUMBRIA was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £146,800 results in an estimated price of approximately £199,756.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £146,800 | £52,956 | £199,756 |
The Postcode Pricing Model uses changes in average sales price within the LA22 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 | 51.233 % | £75,209 | £222,009 |
| 3 Month Average | 36.153 % | £53,072 | £199,872 |
| 6 Month Average | 31.575 % | £46,352 | £193,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2024 | £850,000 | £850,000 | SWALLOWDALE OLD LAKE ROAD |
| 25 Jul 2024 | £260,000 | £260,000 | 41 LAKE ROAD |
| 6 Nov 2023 | £398,106 | £388,000 | FLAT 9 GALE RIGG HOUSE GALE RIGG |
| 24 Apr 2023 | £1,375,732 | £1,350,000 | OLD BANK HOUSE LAKE ROAD |
| 24 Feb 2023 | £266,782 | £265,000 | 1 STUDIO HOUSE LAKE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |