7, LOWREY CLOSE, BECKERMET, CA21 2YX - £76,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 LOWREY CLOSE is a detached house, which could now be worth an estimated £260,628. It was last sold for £76,000 in July 2001, which was around 10% below the average July 2001 detached price in the Cumberland local authority area.

7 LOWREY CLOSE Sold Prices

Land registry data shows two sales for 7 LOWREY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Both of the two 7 LOWREY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2001 10 JUL	£76,000	£84,284	10% below HPI
1997 31 OCT	£62,000	£76,055	18% below HPI

What might 7 LOWREY CLOSE be worth now?

7 LOWREY CLOSE might now be worth an estimated £260,628.

This is based on house price inflation of 242.9%, between July 2001 and May 2026, for detached houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 242.9% inflationary increase is applied to the most recent sale price for 7 LOWREY CLOSE of £76,000 on 10th July 2001. For the value to have increased from £76,000 to £260,628 over the 25 years and two months to May 2026, the following assumptions must hold true:

• The value of 7 LOWREY CLOSE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The July 2001 sale price of £76,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LOWREY CLOSE has not materially changed since July 2001.

Where is 7 LOWREY CLOSE?

7 LOWREY CLOSE is located in BECKERMET, in the CA21 postcode district.