£115,467
This estimated value is based upon the latest sale price for the house of £100,000 on 20 Nov 2020. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £100,000 | 20 Nov 2020 |
| £95,000 | 12 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
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 2020 the House Price Index for CUMBRIA was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £100,000 results in an estimated price of approximately £115,467.
| 20 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £100,000 | £15,467 | £115,467 |
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 | 32.187 % | £32,187 | £132,187 |
| 3 Month Average | 14.607 % | £14,606 | £114,606 |
| 6 Month Average | 15.345 % | £15,345 | £115,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £359,617 | £355,000 | 2 SOUTH TERRACE |
| 21 Aug 2023 | £477,906 | £475,000 | 6 BANK TERRACE |
| 28 Mar 2023 | £85,808 | £85,000 | THE CHALET BANK TERRACE |
| 17 Mar 2023 | £377,038 | £375,000 | 1A LAKE VIEW VILLAS |
| 16 Sep 2022 | £321,095 | £325,000 | 2 ENIGMA HOUSE APARTMENTS LAKE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bank Terrace |
| Feb 2024 | Anti-social behaviour | On or near Bank Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Bank Terrace | |
| Feb 2024 | Anti-social behaviour | On or near Bank Terrace | |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Lake Road |