£557,920
This estimated value is based upon the latest sale price for the house of £520,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£520,000 | 24 Jun 2021 |
£249,950 | 20 Aug 2007 |
Detached |
Freehold |
Floor Area: 159 sq meters or 1,711 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 June 2021 the House Price Index for BOURNEMOUTH was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £520,000 results in an estimated price of approximately £557,920.
24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £520,000 | £37,920 | £557,920 |
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 | 7.530 % | £39,154 | £559,154 |
3 Month Average | 14.707 % | £76,475 | £596,475 |
6 Month Average | 18.138 % | £94,316 | £614,316 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £202,590 | £200,000 | FLAT 2 45 RICHMOND PARK ROAD |
8 Sep 2023 | £273,497 | £270,000 | 65B RICHMOND PARK ROAD |
12 Apr 2023 | £240,085 | £237,500 | 43 SHAFTESBURY ROAD |
31 Mar 2023 | £181,712 | £180,000 | 26A SHAFTESBURY ROAD |
5 Aug 2022 | £256,310 | £257,000 | 2 MYRTLE ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 30 Mar 2017. Using an estimated price of £557,921 means this house is valued at £3,508 per sq meter (£325 per sq foot).
The average size of a house on STOUR ROAD is 146 sq meters (1,572 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stour Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilbert Road |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Shaftesbury Road |
Feb 2024 | Drugs | Local resolution | On or near Myrtle Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Myrtle Road |