£136,939
This estimated value is based upon the latest sale price for the house of £132,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£132,000 | 8 Apr 2022 |
£108,000 | 25 Jun 2004 |
£36,000 | 26 Aug 1999 |
£24,000 | 12 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 29 sq meters or 312 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 April 2022 the House Price Index for BOURNEMOUTH was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £132,000 results in an estimated price of approximately £136,939.
8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £132,000 | £4,939 | £136,939 |
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 | -19.387 % | £-25,590 | £106,409 |
3 Month Average | -17.891 % | £-23,615 | £108,384 |
6 Month Average | -13.489 % | £-17,806 | £114,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £337,500 | £337,500 | FLAT 2 6 UNDERCLIFF ROAD |
1 Nov 2023 | £147,751 | £144,000 | FLAT 10 27 BOSCOMBE SPA ROAD |
10 Oct 2023 | £726,500 | £710,000 | FLAT 12 THE LITZO, 37 - 41 BOSCOMBE SPA ROAD |
16 Jun 2023 | £158,170 | £155,000 | FLAT 1 27 BOSCOMBE SPA ROAD |
1 Feb 2023 | £125,841 | £125,000 | FLAT 5 27 BOSCOMBE SPA ROAD |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 7 Aug 2019. Using an estimated price of £136,940 means this house is valued at £4,722 per sq meter (£438 per sq foot).
The average size of a house on BOSCOMBE SPA ROAD is 60 sq meters (654 sq feet).