£785,646
This estimated value is based upon the latest sale price for the house of £515,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£515,000 | 29 Aug 2014 |
£290,000 | 25 Jun 2002 |
Detached |
Freehold |
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 2014 the House Price Index for DORSET was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £515,000 results in an estimated price of approximately £785,646.
29 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £515,000 | £270,646 | £785,646 |
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 | 37.501 % | £193,128 | £708,128 |
3 Month Average | 23.315 % | £120,070 | £635,070 |
6 Month Average | 23.611 % | £121,597 | £636,597 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £182,809 | £180,000 | FLAT 7 ANSBURY HOUSE, 2 PENDRUFFLE LANE |
8 Dec 2023 | £369,349 | £358,000 | HONEYPOT COTTAGE, 2 CASEBERRY COURT |
27 Oct 2023 | £644,641 | £630,000 | 3 STOKEHOUSE STREET |
20 Oct 2023 | £455,342 | £445,000 | 7 TINTEN LANE |
17 Oct 2023 | £684,773 | £669,220 | 6 PENHALE WALK |