£341,393
This estimated value is based upon the latest sale price for the house of £275,000 on 25 Oct 2018. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £275,000 | 25 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 October 2018 the House Price Index for BOURNEMOUTH was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £275,000 results in an estimated price of approximately £341,393.
| 25 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £275,000 | £66,393 | £341,393 |
The Postcode Pricing Model uses changes in average sales price within the BH10 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 | 7.324 % | £20,141 | £295,141 |
| 3 Month Average | 20.736 % | £57,023 | £332,023 |
| 6 Month Average | 21.269 % | £58,490 | £333,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £384,767 | £375,000 | 1 ABERDARE ROAD |
| 8 Sep 2023 | £347,664 | £340,000 | 5 COPPICE VIEW |
| 21 Mar 2023 | £528,832 | £520,000 | 76 PINE VALE CRESCENT |
| 27 Jan 2023 | £461,232 | £460,000 | 18 HILL VIEW ROAD |
| 19 Aug 2022 | £406,903 | £405,000 | 4 ROMNEY CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 19 Jul 2018. Using an estimated price of £341,394 means this house is valued at £3,670 per sq meter (£341 per sq foot).
The average size of a house on REDHILL DRIVE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Frensham Close |
| Oct 2024 | Drugs | Local resolution | On or near Redhill Close |