£336,680
This estimated value is based upon the latest sale price for the house of £272,500 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE 1
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| Price Paid | Date |
|---|---|
| £272,500 | 29 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 sq feet |
This model uses changes in the Official Land Registry House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE to estimate the market value.
When this house was purchased in November 2019 the House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £272,500 results in an estimated price of approximately £336,680.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £272,500 | £64,180 | £336,680 |
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 | -16.918 % | £-46,100 | £226,399 |
| 3 Month Average | 1.154 % | £3,143 | £275,643 |
| 6 Month Average | 0.386 % | £1,052 | £273,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £241,121 | £235,000 | 62 HILL RISE |
| 24 Jun 2022 | £112,403 | £110,000 | 46 EDWARD STREET |
| 8 Apr 2022 | £129,678 | £125,000 | 6 BINGLEY CRESCENT |
| 28 Mar 2022 | £396,695 | £380,000 | 47 GRANGE ROAD |
| 23 Feb 2022 | £195,445 | £185,000 | 9 TOM STIMPSON WAY |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 24 Sep 2019. Using an estimated price of £336,680 means this house is valued at £6,012 per sq meter (£558 per sq foot).
The average size of a house on SANDOWN ROAD is 97 sq meters (1,044 sq feet).