£5,471,269
This estimated value is based upon the latest sale price for the house of £5,559,993 on 21 Nov 2022. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £5,559,993 | 21 Nov 2022 |
| £5,000,000 | 28 Jun 2019 |
| 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 November 2022 the House Price Index for CUMBRIA 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 £5,559,993 results in an estimated price of approximately £5,471,269.
| 21 Nov 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.0 | -1.596 % | £5,559,993 | £-88,723 | £5,471,269 |
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 | 33.480 % | £1,861,489 | £7,421,482 |
| 3 Month Average | 87.842 % | £4,884,007 | £10,444,000 |
| 6 Month Average | -29.297 % | £-1,628,899 | £3,931,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £364,215 | £362,000 | 3 RED LION COTTAGES |
| 31 Mar 2023 | £955,163 | £950,000 | SILVER LEA |
| 17 Mar 2023 | £1,860,054 | £1,850,000 | GRASMERE HOTEL BROADGATE |
| 31 Jan 2023 | £495,646 | £500,000 | OVERMERE, 1 PAVEMENT END |
| 21 Nov 2022 | £5,471,270 | £5,559,993 | WORDSWORTH HOTEL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near College Street |
| Mar 2024 | Drugs | Under investigation | On or near College Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near College Street |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near College Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near College Street |