£396,409
This estimated value is based upon the latest sale price for the house of £370,000 on 9 Dec 2021. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £370,000 | 9 Dec 2021 |
| £90,000 | 1 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 December 2021 the House Price Index for CUMBRIA was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £370,000 results in an estimated price of approximately £396,409.
| 9 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £370,000 | £26,409 | £396,409 |
The Postcode Pricing Model uses changes in average sales price within the CA13 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 | -15.039 % | £-55,643 | £314,356 |
| 3 Month Average | 34.189 % | £126,498 | £496,498 |
| 6 Month Average | 27.788 % | £102,817 | £472,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £313,801 | £310,000 | 13 CULGARTH AVENUE |
| 28 Mar 2023 | £242,283 | £240,000 | 24 CULGARTH AVENUE |
| 8 Mar 2023 | £321,024 | £318,000 | 27 LOWSCALES DRIVE |
| 11 Nov 2022 | £291,469 | £295,000 | HIGHGARTH LORTON ROAD |
| 8 Sep 2022 | £307,517 | £310,000 | 26 LOWSCALES DRIVE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 26 Feb 2020. Using an estimated price of £396,410 means this house is valued at £2,914 per sq meter (£270 per sq foot).
The average size of a house on LORTON ROAD is 131 sq meters (1,416 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Windmill Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windmill Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Grove |
| Feb 2024 | Other theft | Under investigation | On or near Whiteside Avenue |