£210,954
This estimated value is based upon the latest sale price for the house of £80,000 on 23 Oct 2002. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£80,000 | 23 Oct 2002 |
£45,000 | 25 Jun 1998 |
£31,250 | 24 Jul 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 17 sq meters or 182 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 October 2002 the House Price Index for BOURNEMOUTH was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £80,000 results in an estimated price of approximately £210,954.
23 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 148.6 | 163.693 % | £80,000 | £130,954 | £210,954 |
The Postcode Pricing Model uses changes in average sales price within the BH2 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 | 88.324 % | £70,659 | £150,659 |
3 Month Average | 91.376 % | £73,100 | £153,100 |
6 Month Average | 81.474 % | £65,179 | £145,179 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £108,892 | £107,500 | FLAT 15 WEST CLIFF STUDIOS, 13 DURLEY GARDENS |
23 Aug 2023 | £110,971 | £110,000 | FLAT 5 WEST CLIFF STUDIOS, 13 DURLEY GARDENS |
2 Jun 2023 | £118,435 | £117,000 | FLAT 7 CRAG HALL 15-17 DURLEY GARDENS |
3 Apr 2023 | £101,088 | £100,000 | FLAT 11 WEST CLIFF STUDIOS, 13 DURLEY GARDENS |
27 Jan 2023 | £170,198 | £171,000 | FLAT 33 CRAG HALL 15-17 DURLEY GARDENS |
This house has a floor area of 17 sq meters or 182 sq feet when measured on 22 Aug 2012. Using an estimated price of £210,954 means this house is valued at £12,409 per sq meter (£1,152 per sq foot).
The average size of a house on DURLEY GARDENS is 41 sq meters (448 sq feet).
This house is the smallest in the street with a floor area of 17 sq meters (182 sq feet).