£588,947
This estimated value is based upon the latest sale price for the house of £474,000 on 8 Jul 2019. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£474,000 | 8 Jul 2019 |
£115,000 | 19 Jul 1996 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 July 2019 the House Price Index for DORSET was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £474,000 results in an estimated price of approximately £588,947.
8 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £474,000 | £114,947 | £588,947 |
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 | -17.291 % | £-81,957 | £392,042 |
3 Month Average | 3.786 % | £17,946 | £491,946 |
6 Month Average | 10.127 % | £48,004 | £522,004 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £243,237 | £239,500 | FLAT 1, SHORTWOOD HOUSE, 1 MAGDALEN LANE |
19 Dec 2023 | £123,804 | £120,000 | FLAT 12 HOMESTOUR HOUSE 46-48 BARRACK ROAD |
7 Dec 2023 | £170,231 | £165,000 | FLAT 42 HOMESTOUR HOUSE 46-48 BARRACK ROAD |
4 Aug 2023 | £101,837 | £100,000 | FLAT 35 HOMESTOUR HOUSE 46-48 BARRACK ROAD |
18 Nov 2022 | £124,418 | £125,000 | FLAT 36 HOMESTOUR HOUSE 46-48 BARRACK ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Jan 2019. Using an estimated price of £588,947 means this house is valued at £7,011 per sq meter (£651 per sq foot).
The average size of a house on MAGDALEN LANE is 164 sq meters (1,771 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Robbery | Under investigation | On or near Magdalen Lane |
May 2024 | Public order | Under investigation | On or near Orchard Mews |
Jul 2024 | Public order | Under investigation | On or near Riverdale Lane |
Jun 2024 | Anti-social behaviour | On or near Riverdale Lane | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riverdale Lane |