£295,852
This estimated value is based upon the latest sale price for the house of £300,250 on 21 Oct 2022. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £300,250 | 21 Oct 2022 |
| £187,000 | 2 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2022 the House Price Index for DORSET was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £300,250 results in an estimated price of approximately £295,852.
| 21 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.0 | -1.465 % | £300,250 | £-4,397 | £295,852 |
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 | -27.964 % | £-83,962 | £216,287 |
| 3 Month Average | -28.108 % | £-84,392 | £215,857 |
| 6 Month Average | -10.864 % | £-32,619 | £267,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £191,647 | £191,000 | 24 LORNE ROAD |
| 13 Feb 2023 | £99,529 | £100,000 | FLAT 19 VICTORIA COURT CAMBRIDGE ROAD |
| 31 Jan 2023 | £396,517 | £400,000 | 4 LOUISE ROAD |
| 21 Oct 2022 | £295,852 | £300,250 | 13 LORNE ROAD |
| 7 Oct 2022 | £105,433 | £107,000 | FLAT 9 VICTORIA COURT CAMBRIDGE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 20 Feb 2017. Using an estimated price of £295,852 means this house is valued at £3,744 per sq meter (£347 per sq foot).
The average size of a house on LORNE ROAD is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Alice Road |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Olga Road |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Olga Road |
| Jan 2024 | Burglary | Under investigation | On or near Olga Road |
| Jan 2024 | Burglary | Under investigation | On or near Olga Road |