£589,063
This estimated value is based upon the latest sale price for the house of £423,000 on 24 Nov 2015. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £423,000 | 24 Nov 2015 |
| £260,000 | 28 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 924 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 November 2015 the House Price Index for DORSET was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £423,000 results in an estimated price of approximately £589,063.
| 24 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £423,000 | £166,063 | £589,063 |
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 | 14.318 % | £60,565 | £483,565 |
| 3 Month Average | 24.517 % | £103,707 | £526,707 |
| 6 Month Average | 34.769 % | £147,072 | £570,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £362,130 | £357,500 | 45 WILLOW WAY |
| 26 Jun 2023 | £445,395 | £440,000 | 50 WILLOW WAY |
| 9 Sep 2022 | £892,790 | £900,000 | 5 THE MOORINGS, 2 WILLOW WAY |
| 10 Feb 2022 | £797,008 | £760,000 | 3 THE MOORINGS, 2 WILLOW WAY |
| 21 Sep 2021 | £634,702 | £589,000 | 18A WILLOW WAY |
This house has a floor area of 85 sq meters or 924 sq feet when measured on 25 Jan 2012. Using an estimated price of £589,063 means this house is valued at £6,859 per sq meter (£637 per sq foot).
The average size of a house on WILLOW WAY is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Fairway Drive | |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Stour Road |