£304,900
This estimated value is based upon the latest sale price for the house of £67,500 on 4 Feb 1999. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £67,500 | 4 Feb 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 108 sq meters or 1,171 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 February 1999 the House Price Index for BOURNEMOUTH was 32.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 351.705%.Applying this 351.705% change to the original purchase price of £67,500 results in an estimated price of approximately £304,900.
| 4 Feb 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 148.6 | 351.705 % | £67,500 | £237,400 | £304,900 |
The Postcode Pricing Model uses changes in average sales price within the BH6 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 | 106.717 % | £72,034 | £139,534 |
| 3 Month Average | 286.333 % | £193,274 | £260,774 |
| 6 Month Average | 347.673 % | £234,679 | £302,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £436,462 | £430,000 | NYMARK 2 OCEAN BLUE, 72 SEAWARD AVENUE |
| 28 Apr 2023 | £323,483 | £320,000 | 58 SEAWARD AVENUE |
| 11 Apr 2023 | £532,736 | £527,000 | 44 SEAWARD AVENUE |
| 8 Jul 2022 | £300,810 | £300,000 | 6 SEAWARD AVENUE |
| 6 May 2022 | £586,043 | £575,000 | FLAT 5 48 SOUTHERN ROAD |
This house has a floor area of 108 sq meters or 1,171 sq feet when measured on 4 Jul 2009. Using an estimated price of £304,901 means this house is valued at £2,802 per sq meter (£260 per sq foot).
The average size of a house on SOUTHERN ROAD is 103 sq meters (1,116 sq feet).