£397,243
This estimated value is based upon the latest sale price for the house of £320,000 on 5 Nov 2018. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
There has been one burglary within the last year on or near Somerley Road
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| Price Paid | Date |
|---|---|
| £320,000 | 5 Nov 2018 |
| £225,000 | 26 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 November 2018 the House Price Index for BOURNEMOUTH was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £320,000 results in an estimated price of approximately £397,243.
| 5 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £320,000 | £77,243 | £397,243 |
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 | 27.798 % | £88,952 | £408,952 |
| 3 Month Average | 24.541 % | £78,531 | £398,531 |
| 6 Month Average | 22.916 % | £73,331 | £393,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £338,595 | £330,000 | 11 SOMERLEY ROAD |
| 1 Nov 2023 | £307,814 | £300,000 | 1A HANKINSON ROAD |
| 12 Oct 2023 | £163,718 | £160,000 | FLAT 1 4 MARKHAM ROAD |
| 15 Sep 2023 | £475,482 | £465,000 | 11 BEMISTER ROAD |
| 10 Aug 2023 | £1,528 | £1,500 | 16 SOMERLEY ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 23 Feb 2018. Using an estimated price of £397,244 means this house is valued at £4,095 per sq meter (£380 per sq foot).
The average size of a house on HANKINSON ROAD is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Somerley Road |
| Oct 2024 | Anti-social behaviour | On or near Somerley Road | |
| Oct 2024 | Public order | Under investigation | On or near Somerley Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Somerley Road |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Somerley Road |