£127,931
This estimated value is based upon the latest sale price for the house of £124,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for WESTMORLAND AND FURNESS 1
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| Price Paid | Date |
|---|---|
| £124,000 | 1 Dec 2023 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for WESTMORLAND AND FURNESS to estimate the market value.
When this house was purchased in December 2023 the House Price Index for WESTMORLAND AND FURNESS was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £124,000 results in an estimated price of approximately £127,931.
| 1 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £124,000 | £3,931 | £127,931 |
The Postcode Pricing Model uses changes in average sales price within the LA16 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 | -49.534 % | £-61,422 | £62,577 |
| 3 Month Average | -38.785 % | £-48,092 | £75,907 |
| 6 Month Average | 31.321 % | £38,837 | £162,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £271,166 | £267,000 | 2 STAFFORD STREET |
| 1 Dec 2023 | £127,931 | £124,000 | 13 STAFFORD STREET |
| 30 Oct 2023 | £342,785 | £335,000 | 13 WAKEFIELD STREET |
| 24 Aug 2023 | £117,112 | £115,000 | 9 FURNACE PLACE |
| 18 Aug 2023 | £134,424 | £132,000 | 25 FURNACE PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Under investigation | On or near Harris Street |
| Apr 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Harris Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Harris Street |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Harris Street |
| Jul 2024 | Anti-social behaviour | On or near Lots Road |