£69,674
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Nov 2022. This value is then adjusted by the current Official House Price Index for DORSET 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £70,000 | 25 Nov 2022 |
| £47,500 | 30 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
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 2022 the House Price Index for DORSET was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £70,000 results in an estimated price of approximately £69,674.
| 25 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £70,000 | £-325 | £69,674 |
The Postcode Pricing Model uses changes in average sales price within the DT6 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 | 3.287 % | £2,300 | £72,300 |
| 3 Month Average | 12.811 % | £8,967 | £78,967 |
| 6 Month Average | 3.695 % | £2,586 | £72,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £206,796 | £205,000 | FLAT 19 ALFRED LODGE RAX LANE |
| 8 Apr 2024 | £292,540 | £290,000 | FLAT 10 ALFRED LODGE RAX LANE |
| 28 Mar 2024 | £406,242 | £400,000 | 39 VICTORIA GROVE |
| 5 Mar 2024 | £182,809 | £180,000 | FLAT 3 20 - 22 VICTORIA GROVE |
| 11 Sep 2023 | £250,523 | £245,000 | 5 CHARDSMEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rax Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rax Lane |