£153,485
This estimated value is based upon the latest sale price for the house of £150,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £150,000 | 12 Oct 2023 |
| £81,000 | 23 Mar 2015 |
| £90,000 | 9 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2023 the House Price Index for DORSET was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £150,000 results in an estimated price of approximately £153,485.
| 12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £150,000 | £3,485 | £153,485 |
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 | -7.516 % | £-11,274 | £138,725 |
| 3 Month Average | -6.485 % | £-9,727 | £140,272 |
| 6 Month Average | -7.851 % | £-11,776 | £138,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £176,421 | £171,000 | 2 ALBERT TERRACE |
| 13 Nov 2023 | £261,642 | £255,000 | 5 ALBION CRESCENT |
| 12 Oct 2023 | £153,486 | £150,000 | FLAT 2 155 FORTUNESWELL |
| 12 Oct 2023 | £153,486 | £150,000 | FLAT 3 155 FORTUNESWELL |
| 25 Aug 2023 | £448,082 | £440,000 | OSBORNE HALL OSBORNE TERRACE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 16 May 2017. Using an estimated price of £153,486 means this house is valued at £2,646 per sq meter (£245 per sq foot).
The average size of a house on FORTUNESWELL is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Belgrave Place | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Belgrave Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belgrave Place |
| May 2024 | Public order | Unable to prosecute suspect | On or near Albert Terrace |