£372,041
This estimated value is based upon the latest sale price for the house of £210,000 on 12 Sep 2008. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
There have been two burglaries within the last year on or near Morecambe Bank
More crime details
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Price Paid | Date |
---|---|
£210,000 | 12 Sep 2008 |
£165,000 | 17 Jun 2005 |
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 September 2008 the House Price Index for CUMBRIA was 57.8.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 77.163%.Applying this 77.163% change to the original purchase price of £210,000 results in an estimated price of approximately £372,041.
12 Sep 2008 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.8 | 102.4 | 77.163 % | £210,000 | £162,041 | £372,041 |
The Postcode Pricing Model uses changes in average sales price within the LA11 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 | 42.597 % | £89,454 | £299,454 |
3 Month Average | 2.513 % | £5,277 | £215,277 |
6 Month Average | 28.911 % | £60,712 | £270,712 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jan 2025 | £105,515 | £105,000 | FLAT 10 HAMPSFELL GRANGE HAMPSFELL ROAD |
27 Nov 2024 | £157,304 | £155,000 | FLAT 3 CLAREHAVEN, 43 MAIN STREET |
22 Nov 2024 | £106,561 | £105,000 | FLAT 49 HAMPSFELL GRANGE HAMPSFELL ROAD |
17 Oct 2024 | £163,187 | £160,000 | FLAT 1 CLAREHAVEN, 43 MAIN STREET |
6 Sep 2024 | £64,641 | £63,000 | FLAT 31 HAMPSFELL GRANGE HAMPSFELL ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2024 | Burglary | Investigation complete; no suspect identified | On or near Morecambe Bank |
Dec 2024 | Burglary | Investigation complete; no suspect identified | On or near Morecambe Bank |
Feb 2025 | Shoplifting | Under investigation | On or near Albert Road |
Dec 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
Nov 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Albert Road |