£694,878
This estimated value is based upon the latest sale price for the house of £588,000 on 8 Oct 2020. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE 1
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| Price Paid | Date |
|---|---|
| £588,000 | 8 Oct 2020 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 sq feet |
This model uses changes in the Official Land Registry House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE to estimate the market value.
When this house was purchased in October 2020 the House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £588,000 results in an estimated price of approximately £694,878.
| 8 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £588,000 | £106,878 | £694,878 |
The Postcode Pricing Model uses changes in average sales price within the BH23 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 | 9.312 % | £54,756 | £642,756 |
| 3 Month Average | 2.787 % | £16,387 | £604,387 |
| 6 Month Average | 8.483 % | £49,881 | £637,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £811,258 | £795,000 | 4 BURFORD CLOSE |
| 21 Jun 2023 | £622,474 | £610,000 | 7A HURN WAY |
| 15 Jul 2022 | £469,706 | £465,000 | 9 CEDAR AVENUE |
| 25 Jun 2021 | £572,859 | £530,000 | 49 CEDAR AVENUE |
| 31 Mar 2021 | £420,506 | £375,000 | 21 CEDAR AVENUE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 5 Jun 2019. Using an estimated price of £694,879 means this house is valued at £4,632 per sq meter (£430 per sq foot).
The average size of a house on RIVER WAY is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burford Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burford Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burford Close |
| Oct 2024 | Anti-social behaviour | On or near Wilton Close | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilton Close |