£250,621
This estimated value is based upon the latest sale price for the house of £148,350 on 28 Nov 2006. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £148,350 | 28 Nov 2006 |
| £71,000 | 11 May 2001 |
| £40,500 | 28 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2006 the House Price Index for DORSET was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £148,350 results in an estimated price of approximately £250,621.
| 28 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £148,350 | £102,271 | £250,621 |
The Postcode Pricing Model uses changes in average sales price within the SP8 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 | 38.397 % | £56,961 | £205,311 |
| 3 Month Average | 36.079 % | £53,522 | £201,872 |
| 6 Month Average | 54.224 % | £80,441 | £228,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £155,810 | £153,000 | 15 ORCHARD ROAD |
| 5 Apr 2023 | £214,003 | £210,000 | 7 OCTAVE TERRACE |
| 4 Apr 2023 | £226,741 | £222,500 | 8 OCTAVE TERRACE |
| 11 Nov 2022 | £248,836 | £250,000 | 1 ST MARY'S COURT ST MARY'S PLACE |
| 14 Oct 2022 | £209,301 | £210,000 | 1 ST MARY'S PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Dec 2016. Using an estimated price of £250,622 means this house is valued at £3,685 per sq meter (£342 per sq foot).
The average size of a house on CYPRESS WAY is 86 sq meters (930 sq feet).