£446,979
This estimated value is based upon the latest sale price for the house of £450,000 on 31 Aug 2022. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £450,000 | 31 Aug 2022 |
| £361,000 | 6 Aug 2019 |
| £212,500 | 31 Mar 2004 |
| £106,000 | 3 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 August 2022 the House Price Index for DORSET was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £450,000 results in an estimated price of approximately £446,979.
| 31 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £450,000 | £-3,020 | £446,979 |
The Postcode Pricing Model uses changes in average sales price within the DT1 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 | -46.475 % | £-209,139 | £240,860 |
| 3 Month Average | 1.294 % | £5,821 | £455,821 |
| 6 Month Average | -6.354 % | £-28,594 | £421,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £194,683 | £191,000 | 78 POUNDBURY CRESCENT |
| 15 Jun 2023 | £317,575 | £315,000 | 48 CHESTNUT WAY |
| 15 Jun 2023 | £327,657 | £325,000 | 74 POUNDBURY CRESCENT |
| 6 Apr 2023 | £282,097 | £280,000 | 2 ARNHEM GREEN |
| 31 Aug 2022 | £446,980 | £450,000 | 1 CHESTNUT WAY |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 25 Jan 2019. Using an estimated price of £446,980 means this house is valued at £3,604 per sq meter (£334 per sq foot).
The average size of a house on CHESTNUT WAY is 108 sq meters (1,172 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cedar Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Poundbury Crescent |