£114,771
This estimated value is based upon the latest sale price for the house of £100,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£100,000 | 18 Dec 2020 |
£130,000 | 8 Jul 2011 |
£126,500 | 31 Jul 2003 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 December 2020 the House Price Index for DORSET was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £100,000 results in an estimated price of approximately £114,771.
18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £100,000 | £14,771 | £114,771 |
The Postcode Pricing Model uses changes in average sales price within the DT4 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 | -2.368 % | £-2,367 | £97,632 |
3 Month Average | 14.666 % | £14,666 | £114,666 |
6 Month Average | 13.104 % | £13,103 | £113,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2023 | £284,059 | £281,000 | 22 RANELAGH ROAD |
30 Nov 2022 | £167,965 | £170,000 | 35B DERBY STREET |
21 Nov 2022 | £159,073 | £161,000 | FLAT 2 11 STANLEY STREET |
9 Mar 2022 | £217,615 | £210,000 | 1 DERBY STREET |
28 Feb 2022 | £183,522 | £175,000 | 12A STANLEY STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Jun 2015. Using an estimated price of £114,771 means this house is valued at £1,471 per sq meter (£136 per sq foot).
The average size of a house on RANELAGH ROAD is 97 sq meters (1,049 sq feet).