£352,567
This estimated value is based upon the latest sale price for the house of £287,500 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £287,500 | 18 Oct 2019 |
| £265,000 | 20 Apr 2017 |
| 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 October 2019 the House Price Index for CUMBRIA was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £287,500 results in an estimated price of approximately £352,567.
| 18 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £287,500 | £65,067 | £352,567 |
The Postcode Pricing Model uses changes in average sales price within the LA22 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 | -24.615 % | £-70,769 | £216,730 |
| 3 Month Average | 19.890 % | £57,184 | £344,684 |
| 6 Month Average | -5.474 % | £-15,738 | £271,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £365,195 | £362,000 | 3 RED LION COTTAGES |
| 17 Mar 2023 | £1,867,595 | £1,850,000 | GRASMERE HOTEL BROADGATE |
| 31 Jan 2023 | £497,656 | £500,000 | OVERMERE, 1 PAVEMENT END |
| 21 Nov 2022 | £5,493,451 | £5,559,993 | WORDSWORTH HOTEL |
| 30 Sep 2022 | £322,397 | £325,000 | HARMONY HOUSE RED LION SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Lake View Drive |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Lake View Drive |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |