£344,711
This estimated value is based upon the latest sale price for the house of £245,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£245,000 | 23 Oct 2015 |
Detached |
Freehold |
Floor Area: 87 sq meters or 944 sq feet |
This model uses changes in the Official Land Registry House Price Index for BOURNEMOUTH to estimate the market value.
When this house was purchased in October 2015 the House Price Index for BOURNEMOUTH was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £245,000 results in an estimated price of approximately £344,711.
23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £245,000 | £99,711 | £344,711 |
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 | 67.098 % | £164,390 | £409,390 |
3 Month Average | 39.925 % | £97,815 | £342,815 |
6 Month Average | 23.531 % | £57,650 | £302,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £170,000 | £170,000 | 20B BELVEDERE ROAD |
25 Aug 2023 | £161,412 | £160,000 | 36A BELVEDERE ROAD |
28 Jun 2023 | £404,905 | £400,000 | 98 - 102 CHARMINSTER ROAD |
13 Jan 2023 | £537,468 | £540,000 | 9 BELVEDERE ROAD |
10 Dec 2021 | £503,547 | £470,000 | 27 BELVEDERE ROAD |
This house has a floor area of 87 sq meters or 944 sq feet when measured on 23 Oct 2008. Using an estimated price of £344,712 means this house is valued at £3,930 per sq meter (£365 per sq foot).
The average size of a house on STEWART ROAD is 90 sq meters (977 sq feet).