£590,678
This estimated value is based upon the latest sale price for the house of £372,500 on 26 Mar 2014. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £372,500 | 26 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,261 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 March 2014 the House Price Index for BOURNEMOUTH was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £372,500 results in an estimated price of approximately £590,678.
| 26 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £372,500 | £218,178 | £590,678 |
The Postcode Pricing Model uses changes in average sales price within the BH9 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 | 74.110 % | £276,060 | £648,560 |
| 3 Month Average | 50.454 % | £187,940 | £560,440 |
| 6 Month Average | 49.888 % | £185,831 | £558,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £507,147 | £498,000 | 49 THE GROVE |
| 11 Aug 2023 | £356,429 | £350,000 | 12 THE GROVE |
| 11 Aug 2023 | £649,209 | £637,500 | 16 THE GROVE |
| 23 Jun 2023 | £304,604 | £298,500 | 11A THE AVENUE |
| 24 Jun 2022 | £628,433 | £615,000 | 16 THE AVENUE |
This house has a floor area of 117 sq meters or 1,261 sq feet when measured on 8 Mar 2012. Using an estimated price of £590,679 means this house is valued at £5,039 per sq meter (£468 per sq foot).
The average size of a house on THE GROVE is 123 sq meters (1,333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Redhill Avenue |
| Sep 2024 | Drugs | Local resolution | On or near Redhill Avenue |
| Aug 2024 | Anti-social behaviour | On or near Redhill Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Redhill Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Redhill Avenue |