£558,620
This estimated value is based upon the latest sale price for the house of £437,500 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £437,500 | 29 Sep 2017 |
| £120,000 | 24 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 September 2017 the House Price Index for DORSET was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £437,500 results in an estimated price of approximately £558,620.
| 29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £437,500 | £121,120 | £558,620 |
The Postcode Pricing Model uses changes in average sales price within the BH22 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 | -12.736 % | £-55,718 | £381,781 |
| 3 Month Average | 18.364 % | £80,341 | £517,841 |
| 6 Month Average | 22.245 % | £97,321 | £534,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £276,275 | £270,000 | FLAT 8 OAK LODGE, 374A RINGWOOD ROAD |
| 11 Aug 2023 | £280,051 | £275,000 | FLAT 6 OAK LODGE, 374A RINGWOOD ROAD |
| 12 Apr 2023 | £387,243 | £380,000 | 354 RINGWOOD ROAD |
| 26 Aug 2022 | £899,205 | £895,000 | 27 FERNLEA AVENUE |
| 14 Jul 2022 | £277,783 | £275,000 | FLAT 11 PEGASUS LODGE, 345 NEW ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 20 Mar 2017. Using an estimated price of £558,621 means this house is valued at £4,231 per sq meter (£393 per sq foot).
The average size of a house on FERNLEA CLOSE is 130 sq meters (1,404 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Fernlea Close |
| Jul 2024 | Anti-social behaviour | On or near Fernlea Close | |
| Jul 2024 | Anti-social behaviour | On or near Fernlea Close | |
| Jul 2024 | Public order | Under investigation | On or near Fernlea Close |
| Jul 2024 | Anti-social behaviour | On or near Fernlea Close |