£204,516
This estimated value is based upon the latest sale price for the house of £65,000 on 31 Jan 2002. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £65,000 | 31 Jan 2002 |
| £36,000 | 1 Apr 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 January 2002 the House Price Index for DORSET was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £65,000 results in an estimated price of approximately £204,516.
| 31 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £65,000 | £139,516 | £204,516 |
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 | 213.925 % | £139,051 | £204,051 |
| 3 Month Average | 175.890 % | £114,328 | £179,328 |
| 6 Month Average | 166.170 % | £108,010 | £173,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £410,000 | £410,000 | 12 FAIRFIELD |
| 26 Apr 2024 | £554,818 | £550,000 | 48 FAIRFIELD |
| 14 Nov 2023 | £307,814 | £300,000 | 19A FAIRFIELD |
| 29 Sep 2023 | £114,525 | £112,000 | 88 BARGATES |
| 12 Apr 2023 | £76,430 | £75,000 | 95 BARGATES |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 14 Mar 2016. Using an estimated price of £204,517 means this house is valued at £3,146 per sq meter (£292 per sq foot).
The average size of a house on BARGATES is 59 sq meters (640 sq feet).