£244,837
This estimated value is based upon the latest sale price for the house of £195,000 on 8 Nov 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £195,000 | 8 Nov 2017 |
| Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 November 2017 the House Price Index for CUMBRIA was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £195,000 results in an estimated price of approximately £244,837.
| 8 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £195,000 | £49,837 | £244,837 |
The Postcode Pricing Model uses changes in average sales price within the CA28 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 | 15.673 % | £30,563 | £225,563 |
| 3 Month Average | 19.369 % | £37,768 | £232,768 |
| 6 Month Average | 7.692 % | £15,000 | £210,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £245,831 | £245,000 | 18 GRANT DRIVE |
| 14 Aug 2023 | £344,437 | £342,342 | 4 BLEACH GREEN PADDOCK VICTORIA ROAD |
| 27 Apr 2023 | £249,857 | £248,000 | 67 CORONATION DRIVE |
| 23 Feb 2023 | £149,294 | £150,000 | 17 READ DRIVE |
| 12 Aug 2022 | £173,826 | £175,000 | 55 CORONATION DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 7 Feb 2017. Using an estimated price of £244,838 means this house is valued at £4,013 per sq meter (£372 per sq foot).
The average size of a house on VICTORIA ROAD is 119 sq meters (1,282 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Victoria Road |
| Apr 2024 | Drugs | Local resolution | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Petrol Station |