£5,515,222
This estimated value is based upon the latest sale price for the house of £900,000 on 8 Nov 2024. This value is then adjusted by the current Official House Price Index for WESTMORLAND AND FURNESS 1
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| Price Paid | Date |
|---|---|
| £900,000 | 8 Nov 2024 |
| 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 November 2024 the House Price Index for WESTMORLAND AND FURNESS was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £900,000 results in an estimated price of approximately £5,515,222.
| 8 Nov 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £900,000 | £4,615,222 | £5,515,222 |
The Postcode Pricing Model uses changes in average sales price within the LA8 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 | 0.000 % | £0 | £900,000 |
| 3 Month Average | 0.000 % | £0 | £900,000 |
| 6 Month Average | 0.000 % | £0 | £900,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2024 | £900,000 | £900,000 | EDGE BANK FARM |
| 13 Oct 2023 | £252,740 | £247,000 | 1 SCARFOOT |
| 14 Sep 2023 | £368,115 | £360,000 | 3 LAVEROCK HILL |
| 21 Aug 2023 | £464,375 | £456,000 | LOGWOOD COTTAGE |
| 21 Aug 2023 | £228,114 | £224,000 | LOGWOOD HOUSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Laverock Hill |
| Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Garth Row Lane |
| Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Garth Row Lane |
| Aug 2024 | Anti-social behaviour | On or near Gilthwaiterigg Lane | |
| Aug 2024 | Anti-social behaviour | On or near Gilthwaiterigg Lane |