£328,607
This estimated value is based upon the latest sale price for the house of £217,000 on 7 Aug 2014. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £217,000 | 7 Aug 2014 |
| £131,350 | 1 May 2005 |
| £149,000 | 30 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 August 2014 the House Price Index for BOURNEMOUTH was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £217,000 results in an estimated price of approximately £328,607.
| 7 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £217,000 | £111,607 | £328,607 |
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 | -36.317 % | £-78,808 | £138,191 |
| 3 Month Average | 31.069 % | £67,419 | £284,419 |
| 6 Month Average | 57.050 % | £123,797 | £340,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 May 2022 | £586,043 | £575,000 | FLAT 5 48 SOUTHERN ROAD |
| 10 Feb 2022 | £723,599 | £690,000 | 28 SOUTHERN ROAD |
| 23 Jun 2021 | £767,141 | £715,000 | 59 GRAND AVENUE |
| 6 Jan 2021 | £915,339 | £802,000 | FLAT 6 9 SOUTHBOURNE OVERCLIFF DRIVE |
| 18 Dec 2020 | £1,147,713 | £1,000,000 | 17 SOUTHBOURNE OVERCLIFF DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 6 Jan 2014. Using an estimated price of £328,607 means this house is valued at £5,387 per sq meter (£500 per sq foot).
The average size of a house on SOUTHERN ROAD is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bracken Road |