£172,701
This estimated value is based upon the latest sale price for the house of £140,000 on 10 Dec 2018. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £140,000 | 10 Dec 2018 |
| £169,000 | 16 Mar 2018 |
| 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 2018 the House Price Index for DORSET was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £140,000 results in an estimated price of approximately £172,701.
| 10 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £140,000 | £32,701 | £172,701 |
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 | 14.641 % | £20,497 | £160,497 |
| 3 Month Average | 12.672 % | £17,740 | £157,740 |
| 6 Month Average | 20.246 % | £28,344 | £168,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £167,480 | £165,000 | FLAT 5 FRANCESCA COURT SOMERFORD WAY |
| 14 Jul 2023 | £182,456 | £180,000 | FLAT 8 FRANCESCA COURT SOMERFORD WAY |
| 23 Mar 2023 | £176,664 | £175,000 | FLAT 3 FRANCESCA COURT SOMERFORD WAY |
| 9 Mar 2023 | £224,616 | £222,500 | 7 MARMION GREEN |
| 4 Nov 2022 | £185,256 | £187,500 | FLAT 5 GILLIAN COURT SOMERFORD WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 7 Sep 2017. Using an estimated price of £172,701 means this house is valued at £3,083 per sq meter (£286 per sq foot).
The average size of a house on SOMERFORD ROAD is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Public order | Under investigation | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |