£178,171
This estimated value is based upon the latest sale price for the house of £147,500 on 24 Aug 2020. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£147,500 | 24 Aug 2020 |
£130,000 | 22 Aug 2007 |
£40,000 | 1 May 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 sq feet |
This model uses changes in the Official Land Registry House Price Index for BOURNEMOUTH to estimate the market value.
When this house was purchased in August 2020 the House Price Index for BOURNEMOUTH was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £147,500 results in an estimated price of approximately £178,171.
24 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £147,500 | £30,671 | £178,171 |
The Postcode Pricing Model uses changes in average sales price within the BH7 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 | 1.546 % | £2,280 | £149,780 |
3 Month Average | 34.556 % | £50,969 | £198,469 |
6 Month Average | 32.586 % | £48,064 | £195,564 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £297,584 | £295,000 | 22 GLOUCESTER ROAD |
5 Oct 2023 | £214,880 | £210,000 | FLAT 2 GLOUCESTER COURT, 24 GLOUCESTER ROAD |
30 Jun 2023 | £464,305 | £455,000 | 22 SOMERSET ROAD |
23 Mar 2023 | £96,613 | £95,000 | 32 SOMERSET ROAD |
3 Mar 2023 | £312,214 | £307,000 | 5 WILTON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 2 Jan 2020. Using an estimated price of £178,171 means this house is valued at £2,828 per sq meter (£262 per sq foot).
The average size of a house on SOMERSET ROAD is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerset Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Somerset Road |
Jul 2024 | Public order | Unable to prosecute suspect | On or near Wilton Road |
Jun 2024 | Drugs | Under investigation | On or near Wilton Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilton Road |