£518,884
This estimated value is based upon the latest sale price for the house of £416,000 on 31 May 2018. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£416,000 | 31 May 2018 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 May 2018 the House Price Index for DORSET was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £416,000 results in an estimated price of approximately £518,884.
31 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £416,000 | £102,884 | £518,884 |
The Postcode Pricing Model uses changes in average sales price within the BH23 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 | 15.342 % | £63,821 | £479,821 |
3 Month Average | 12.515 % | £52,064 | £468,064 |
6 Month Average | 23.305 % | £96,948 | £512,948 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £488,548 | £480,000 | 23 MERLIN WAY |
29 Sep 2023 | £1,367,485 | £1,350,000 | 11 FULMAR ROAD |
21 Jul 2023 | £729,823 | £720,000 | 10 WREN CLOSE |
1 Jul 2022 | £797,146 | £795,000 | 32 SHELDRAKE ROAD |
7 Jun 2022 | £1,267,918 | £1,250,000 | 8 RAVEN WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Aug 2017. Using an estimated price of £518,885 means this house is valued at £6,918 per sq meter (£642 per sq foot).
The average size of a house on MERLIN WAY is 110 sq meters (1,185 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Falcon Drive |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raven Way |
Apr 2024 | Bicycle theft | Under investigation | On or near Farm Lane |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Osprey Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mude Gardens |