£596,791
This estimated value is based upon the latest sale price for the house of £485,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £485,000 | 14 Jun 2019 |
| £200,000 | 21 Oct 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 June 2019 the House Price Index for CUMBRIA was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £485,000 results in an estimated price of approximately £596,791.
| 14 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £485,000 | £111,791 | £596,791 |
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 | 71.364 % | £346,113 | £831,113 |
| 3 Month Average | 24.867 % | £120,605 | £605,605 |
| 6 Month Average | 33.540 % | £162,670 | £647,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £405,202 | £400,000 | 21 SOUTH CRAIG |
| 12 Jul 2023 | £620,873 | £615,000 | YEWBECK THORNBARROW DRIVE |
| 16 Jun 2023 | £530,300 | £526,000 | 17 NORTH CRAIG |
| 31 Mar 2023 | £338,832 | £337,000 | 13 NORTH CRAIG |
| 7 Jul 2022 | £744,992 | £745,999 | GLENVILLE HOUSE LAKE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near North Craig |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near South Craig |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Craig |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Queen'S Drive |