Full Address

FELLSIDE COTTAGES 3 RAYRIGG ROAD
BOWNESS ON WINDERMERE
WINDERMERE
CUMBRIA
UNITED KINGDOM
LA23 3DA

Estimated Market Value

£213,730

This estimated value is based upon the latest sale price for the house of £210,000 on 19 Mar 2008. This value is then adjusted by the current Official House Price Index for CUMBRIA1

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Transactions for this house
Price PaidDate
£210,00019 Mar 2008
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 March 2008 the House Price Index for CUMBRIA was 105.5.

The House Price Index as of 1 Sep 2016 is 107.4 which is a change of 1.776%.

Applying this 1.776% change to the original purchase price of £210,000 gives us an estimated price now of around £213,729.

19 Mar 2008 1 Sep 2016 % change Purchase Price Gain / Loss Estimated Price
105.5 107.4 1.776 % £210,000 £3,729 £213,729

The Postcode Pricing Model uses changes in average sales price within the LA23 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 -6.626 % £-13,915 £196,084
3 Month Average 53.449 % £112,242 £322,242
6 Month Average 18.832 % £39,548 £249,548

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In March 2008 the average sale price for the 50 nearest sales within 13 miles of FELLSIDE COTTAGES 3 RAYRIGG ROAD was £231,752.

In October 2016 the average sale price for the 4 nearest sales was £334,236. This is a change of 44.221%.

So taking the original purchase price of £210,000 and adjusting it by 44.221% gives an estimated price of £302,864.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 19 Mar 2008 Average price on 31 Oct 2016 % change Purchase Price Gain / Loss Estimated Price
£231,752 £334,236 44.221 % £210,000 £92,864 £302,864
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
25 Jul 2016 £236,302 £232,500 18 FALLBARROW COURT
31 Mar 2016 £144,179 £140,500 46A QUARRY RIGG
15 Dec 2015 £278,704 £270,000 2 QUEENS SQUARE
27 Nov 2015 £129,652 £125,000 24A QUARRY RIGG
20 Nov 2015 £140,025 £135,000 26A QUARRY RIGG

Show these sales on a map

Recent Crimes Near Here
DateCrimeOutcomeWhere
Jul 2016 Anti-social behaviour On or near Quarry Brow
Sep 2016 Other theft Investigation complete; no suspect identified On or near Theatre/Concert Hall
Jul 2016 Criminal damage and arson Investigation complete; no suspect identified On or near Theatre/Concert Hall
Jul 2016 Criminal damage and arson Investigation complete; no suspect identified On or near Theatre/Concert Hall
Jul 2016 Criminal damage and arson Investigation complete; no suspect identified On or near Theatre/Concert Hall

View full details of these crimes and others in this area

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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