£450,093
This estimated value is based upon the latest sale price for the house of £309,950 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for DORSET 1
There has been one burglary within the last year on or near Maxwell Road
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| Price Paid | Date |
|---|---|
| £309,950 | 12 Jun 2015 |
| £250,000 | 15 Mar 2004 |
| £200,000 | 25 Apr 2003 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for DORSET to estimate the market value.
When this house was purchased in June 2015 the House Price Index for DORSET was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £309,950 results in an estimated price of approximately £450,093.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £309,950 | £140,143 | £450,093 |
The Postcode Pricing Model uses changes in average sales price within the BH18 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 | -19.945 % | £-61,820 | £248,129 |
| 3 Month Average | 18.461 % | £57,220 | £367,170 |
| 6 Month Average | 36.263 % | £112,397 | £422,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £1,689,783 | £1,675,000 | BISCOE LODGE CORFE LODGE ROAD |
| 28 Jul 2023 | £529,121 | £522,000 | 23 BEECH CLOSE |
| 27 Jul 2023 | £514,424 | £507,500 | 16 MAXWELL ROAD |
| 21 Jun 2023 | £430,211 | £425,000 | 11 LAVENDER WAY |
| 24 Mar 2023 | £1,428,458 | £1,415,000 | NUTTYASH CORFE LODGE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Mar 2015. Using an estimated price of £450,094 means this house is valued at £5,295 per sq meter (£491 per sq foot).
The average size of a house on LAVENDER WAY is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Maxwell Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Maxwell Road |
| Mar 2024 | Anti-social behaviour | On or near Newlands Way | |
| Mar 2024 | Anti-social behaviour | On or near Newlands Way | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Corfe Way |