£222,226
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Jul 2022. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £220,000 | 5 Jul 2022 |
| £177,500 | 23 Jul 2019 |
| £168,000 | 19 Jun 2017 |
| £143,000 | 6 Jul 2012 |
| £114,950 | 14 Jun 2002 |
| £60,000 | 19 Oct 2001 |
| £52,000 | 14 Sep 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 July 2022 the House Price Index for BOURNEMOUTH was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £220,000 results in an estimated price of approximately £222,226.
| 5 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £220,000 | £2,226 | £222,226 |
The Postcode Pricing Model uses changes in average sales price within the BH8 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 | -28.738 % | £-63,223 | £156,776 |
| 3 Month Average | 13.018 % | £28,639 | £248,639 |
| 6 Month Average | 11.827 % | £26,019 | £246,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £240,297 | £235,000 | FLAT 6 TRELOEN COURT, 58 WELLINGTON ROAD |
| 24 Aug 2023 | £142,571 | £140,000 | FLAT 2 PORTCHESTER HOUSE, 76 PORTCHESTER ROAD |
| 18 Aug 2023 | £203,673 | £200,000 | FLAT 9 TRELOEN COURT, 58 WELLINGTON ROAD |
| 2 Jun 2023 | £234,703 | £230,000 | FLAT 3 WELLESLEY HOUSE, 55 WELLINGTON ROAD |
| 5 Jul 2022 | £222,227 | £220,000 | FLAT 2 3 MILTON ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 13 Sep 2021. Using an estimated price of £222,227 means this house is valued at £4,040 per sq meter (£375 per sq foot).
The average size of a house on MILTON ROAD is 75 sq meters (817 sq feet).