£144,239
This estimated value is based upon the latest sale price for the house of £110,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £110,000 | 9 Dec 2016 |
| £122,950 | 18 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 December 2016 the House Price Index for DORSET was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £110,000 results in an estimated price of approximately £144,239.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £110,000 | £34,239 | £144,239 |
The Postcode Pricing Model uses changes in average sales price within the DT1 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 | -9.427 % | £-10,369 | £99,630 |
| 3 Month Average | 7.227 % | £7,949 | £117,949 |
| 6 Month Average | 15.354 % | £16,888 | £126,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £194,401 | £191,000 | 78 POUNDBURY CRESCENT |
| 15 Sep 2023 | £280,588 | £277,000 | 68 POUNDBURY CRESCENT |
| 15 Jun 2023 | £318,862 | £315,000 | 48 CHESTNUT WAY |
| 15 Jun 2023 | £328,985 | £325,000 | 74 POUNDBURY CRESCENT |
| 6 Apr 2023 | £283,048 | £280,000 | 2 ARNHEM GREEN |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 4 Aug 2016. Using an estimated price of £144,239 means this house is valued at £2,575 per sq meter (£239 per sq foot).
The average size of a house on CEDAR ROAD is 68 sq meters (735 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cedar Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poundbury Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poundbury Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poundbury Crescent |