£216,489
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Nov 2022. This value is then adjusted by the current Official House Price Index for WESTMORLAND AND FURNESS 1
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Price Paid | Date |
---|---|
£220,000 | 7 Nov 2022 |
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 2022 the House Price Index for WESTMORLAND AND FURNESS was 150.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.596%.Applying this -1.596% change to the original purchase price of £220,000 results in an estimated price of approximately £216,489.
7 Nov 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 148.0 | -1.596 % | £220,000 | £-3,510 | £216,489 |
The Postcode Pricing Model uses changes in average sales price within the LA12 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 | 67.854 % | £149,278 | £369,278 |
3 Month Average | -10.157 % | £-22,346 | £197,653 |
6 Month Average | 1.001 % | £2,202 | £222,202 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Feb 2023 | £151,284 | £152,000 | GLEASTON COTTAGE |
7 Nov 2022 | £216,489 | £220,000 | NEWLAND WREY |
11 Aug 2022 | £432,081 | £435,000 | CROWN HOUSE |
1 Aug 2022 | £248,322 | £250,000 | FELL TIDE |
8 Jul 2022 | £154,791 | £155,000 | JASMAR |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hook Lane |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Rosewood Grove |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rosewood Grove |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Leece Lane |
Mar 2024 | Other crime | Under investigation | On or near Leece Lane |