Full Address

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

Estimated Market Value

£215,961

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 Jul 2017 is 108.5 which is a change of 2.839%.

Applying this 2.839% change to the original purchase price of £210,000 gives us an estimated price now of around £215,961.

19 Mar 2008 1 Jul 2017 % change Purchase Price Gain / Loss Estimated Price
105.5 108.5 2.839 % £210,000 £5,961 £215,961

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 -8.878 % £-18,642 £191,357
3 Month Average 46.357 % £97,350 £307,350
6 Month Average 37.012 % £77,725 £287,725

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 August 2017 the average sale price for the 7 nearest sales was £348,675. This is a change of 50.452%.

So taking the original purchase price of £210,000 and adjusting it by 50.452% gives an estimated price of £315,948.

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 Aug 2017 % change Purchase Price Gain / Loss Estimated Price
£231,752 £348,675 50.452 % £210,000 £105,948 £315,948
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
21 Jul 2017 £127,000 £127,000 29A QUARRY RIGG
1 Feb 2017 £233,230 £230,000 14 QUARRY RIGG
16 Jan 2017 £283,939 £280,000 31 QUARRY BROW
20 Dec 2016 £190,379 £185,000 11 QUARRY RIGG
12 Dec 2016 £169,797 £165,000 30 QUARRY RIGG

Show these sales on a map

Recent Crimes Near Here
DateCrimeOutcomeWhere
Aug 2017 Shoplifting Under investigation On or near Theatre/Concert Hall
May 2017 Other crime Investigation complete; no suspect identified On or near Parking Area
May 2017 Other crime Investigation complete; no suspect identified On or near Shopping Area
Aug 2017 Other theft Investigation complete; no suspect identified On or near Petrol Station
Aug 2017 Violence and sexual offences Unable to prosecute suspect On or near Petrol Station

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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