£246,250
This estimated value is based upon the latest sale price for the house of £240,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £240,000 | 3 Nov 2023 |
| £245,000 | 2 Jun 2006 |
| £87,500 | 3 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 2023 the House Price Index for DORSET was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £240,000 results in an estimated price of approximately £246,250.
| 3 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £240,000 | £6,250 | £246,250 |
The Postcode Pricing Model uses changes in average sales price within the DT5 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 | 56.415 % | £135,396 | £375,396 |
| 3 Month Average | 9.236 % | £22,166 | £262,166 |
| 6 Month Average | -6.715 % | £-16,115 | £223,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £246,251 | £240,000 | 120 FORTUNESWELL |
| 26 Oct 2023 | £148,370 | £145,000 | FLAT 2 88 FORTUNESWELL |
| 12 Oct 2023 | £153,486 | £150,000 | FLAT 2 155 FORTUNESWELL |
| 27 Sep 2023 | £278,131 | £272,000 | 28 VENTNOR ROAD |
| 24 Feb 2023 | £120,807 | £120,000 | FLAT 1 THE STABLES, 109 FORTUNESWELL |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 19 Jun 2018. Using an estimated price of £246,251 means this house is valued at £1,568 per sq meter (£145 per sq foot).
The average size of a house on FORTUNESWELL is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Under investigation | On or near Ventnor Road |
| Jul 2024 | Anti-social behaviour | On or near Ventnor Road | |
| Jul 2024 | Anti-social behaviour | On or near Ventnor Road | |
| Jul 2024 | Anti-social behaviour | On or near Ventnor Road | |
| Jul 2024 | Anti-social behaviour | On or near Ventnor Road |