£398,963
This estimated value is based upon the latest sale price for the house of £325,000 on 30 Apr 2020. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 30 Apr 2020 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 sq feet |
This model uses changes in the Official Land Registry House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE to estimate the market value.
When this house was purchased in April 2020 the House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £325,000 results in an estimated price of approximately £398,963.
| 30 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £325,000 | £73,963 | £398,963 |
The Postcode Pricing Model uses changes in average sales price within the BH8 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 | 17.970 % | £58,403 | £383,403 |
| 3 Month Average | 17.258 % | £56,089 | £381,089 |
| 6 Month Average | 16.382 % | £53,240 | £378,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £201,765 | £200,000 | FLAT 4 PARK TOWERS, 112 RICHMOND PARK ROAD |
| 24 Aug 2023 | £209,331 | £207,500 | FLAT 12 PARK MANSIONS, 108 - 110 RICHMOND PARK ROAD |
| 10 Jul 2023 | £273,683 | £270,000 | 32A SHAFTESBURY ROAD |
| 30 Jun 2023 | £693,399 | £685,000 | 11 RICHMOND PARK CRESCENT |
| 31 Jan 2023 | £462,820 | £465,000 | 38 SHAFTESBURY ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 11 Dec 2018. Using an estimated price of £398,963 means this house is valued at £2,624 per sq meter (£243 per sq foot).
The average size of a house on RICHMOND PARK ROAD is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Oak Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Park Crescent |
| Mar 2024 | Anti-social behaviour | On or near Richmond Park Crescent | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Park Crescent |