£340,472
This estimated value is based upon the latest sale price for the house of £315,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£315,000 | 28 Jun 2021 |
£155,000 | 14 Oct 2011 |
£100,000 | 12 Nov 2010 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,257 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 June 2021 the House Price Index for BOURNEMOUTH was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £315,000 results in an estimated price of approximately £340,472.
28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £315,000 | £25,472 | £340,472 |
The Postcode Pricing Model uses changes in average sales price within the BH5 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 | -7.321 % | £-23,061 | £291,938 |
3 Month Average | -28.138 % | £-88,635 | £226,364 |
6 Month Average | -26.026 % | £-81,980 | £233,019 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £295,000 | £295,000 | 24 CROMWELL ROAD |
23 Nov 2023 | £364,246 | £355,000 | 14 WYNCOMBE ROAD |
30 Oct 2023 | £214,880 | £210,000 | 6 OLIVER COURT, 1 CROMWELL GARDENS |
11 Apr 2023 | £275,146 | £270,000 | 30 CROMWELL ROAD |
27 Feb 2023 | £219,466 | £218,000 | 13 OLIVER COURT, 1 CROMWELL GARDENS |
This house has a floor area of 116 sq meters or 1,257 sq feet when measured on 14 Dec 2010. Using an estimated price of £340,473 means this house is valued at £2,915 per sq meter (£270 per sq foot).
The average size of a house on CROMWELL ROAD is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Road |
Jul 2024 | Shoplifting | Under investigation | On or near Cromwell Gardens |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cromwell Gardens |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromwell Gardens |