£390,475
This estimated value is based upon the latest sale price for the house of £395,000 on 5 Dec 2022. This value is then adjusted by the current Official House Price Index for WESTMORLAND AND FURNESS 1
There has been one burglary within the last year on or near Quorndon Terrace
More crime details
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| Price Paid | Date |
|---|---|
| £395,000 | 5 Dec 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 December 2022 the House Price Index for WESTMORLAND AND FURNESS was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £395,000 results in an estimated price of approximately £390,475.
| 5 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £395,000 | £-4,524 | £390,475 |
The Postcode Pricing Model uses changes in average sales price within the LE12 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 | 12.753 % | £50,374 | £445,374 |
| 3 Month Average | -0.902 % | £-3,564 | £391,435 |
| 6 Month Average | -2.676 % | £-10,568 | £384,431 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Quorndon Terrace |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Quorndon Terrace |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Thompson Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Thompson Close |
| Mar 2024 | Burglary | Under investigation | On or near White Street |