£398,388
This estimated value is based upon the latest sale price for the house of £235,000 on 29 Sep 2010. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£235,000 | 29 Sep 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 155 sq meters or 1,668 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 September 2010 the House Price Index for BOURNEMOUTH was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £235,000 results in an estimated price of approximately £398,388.
29 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.527 % | £235,000 | £163,388 | £398,388 |
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 | -7.238 % | £-17,009 | £217,990 |
3 Month Average | 10.325 % | £24,264 | £259,264 |
6 Month Average | 12.325 % | £28,963 | £263,963 |
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 155 sq meters or 1,668 sq feet when measured on 12 Apr 2013. Using an estimated price of £398,388 means this house is valued at £2,570 per sq meter (£238 per sq foot).
The average size of a house on DURLEY GARDENS is 41 sq meters (448 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,668 sq feet).