£580,037
This estimated value is based upon the latest sale price for the house of £575,000 on 18 Apr 2024. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £575,000 | 18 Apr 2024 |
| £385,000 | 21 Oct 2015 |
| £175,000 | 11 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 31 sq meters or 333 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 April 2024 the House Price Index for DORSET was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £575,000 results in an estimated price of approximately £580,037.
| 18 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £575,000 | £5,037 | £580,037 |
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 | -21.466 % | £-123,428 | £451,571 |
| 3 Month Average | 2.342 % | £13,463 | £588,463 |
| 6 Month Average | -0.084 % | £-483 | £574,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £580,037 | £575,000 | 17A DOWNES STREET |
| 8 Apr 2024 | £292,540 | £290,000 | FLAT 10 ALFRED LODGE RAX LANE |
| 4 Dec 2023 | £323,954 | £314,000 | CROSS KEYS LODGE 13C SOUTH STREET |
| 28 Jun 2023 | £295,930 | £290,000 | 8 EAST STREET |
| 1 Nov 2022 | £173,190 | £174,000 | BRIGADE HALL RAX LANE |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 27 Nov 2013. Using an estimated price of £580,037 means this house is valued at £18,710 per sq meter (£1,738 per sq foot).
The average size of a house on DOWNES STREET is 41 sq meters (450 sq feet).