£511,619
This estimated value is based upon the latest sale price for the house of £500,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £500,000 | 20 Oct 2023 |
| £300,000 | 13 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 202 sq meters or 2,174 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 £500,000 results in an estimated price of approximately £511,619.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £500,000 | £11,619 | £511,619 |
The Postcode Pricing Model uses changes in average sales price within the DT1 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 | -35.202 % | £-176,007 | £323,992 |
| 3 Month Average | -4.952 % | £-24,759 | £475,240 |
| 6 Month Average | -6.438 % | £-32,190 | £467,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £150,000 | £150,000 | FLAT 48 GROVE COURT THE GROVE |
| 19 Apr 2024 | £181,577 | £180,000 | FLAT 58 GROVE COURT THE GROVE |
| 29 Nov 2023 | £156,985 | £153,000 | FLAT 53 GROVE COURT THE GROVE |
| 20 Oct 2023 | £511,620 | £500,000 | 2 NORTHERNHAY |
| 14 Feb 2023 | £3,120,847 | £3,100,000 | HERITAGE AUTOMOTIVE LIMITED THE GROVE |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 9 Jun 2014. Using an estimated price of £511,620 means this house is valued at £2,532 per sq meter (£235 per sq foot).
There is one other house on the street which we know the size of, this is 8 NORTHERNHAY it is 73.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northernhay |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Northernhay |
| Aug 2024 | Anti-social behaviour | On or near Northernhay | |
| Aug 2024 | Anti-social behaviour | On or near Northernhay | |
| Aug 2024 | Anti-social behaviour | On or near Northernhay |