£136,557
This estimated value is based upon the latest sale price for the house of £110,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
There have been two burglaries within the last year on or near Commercial Road
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| Price Paid | Date |
|---|---|
| £110,000 | 12 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 October 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 24.143%.Applying this 24.143% change to the original purchase price of £110,000 results in an estimated price of approximately £136,557.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £110,000 | £26,557 | £136,557 |
The Postcode Pricing Model uses changes in average sales price within the BH2 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 | 76.707 % | £84,377 | £194,377 |
| 3 Month Average | 17.115 % | £18,826 | £128,826 |
| 6 Month Average | 7.129 % | £7,841 | £117,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £100,826 | £99,950 | FLAT 2 STEWART COURT, 50 ST MICHAELS ROAD |
| 29 Nov 2023 | £95,935 | £93,500 | FLAT 3 16 TREGONWELL ROAD |
| 27 Sep 2023 | £185,080 | £181,000 | 2 TREGONWELL CLOSE |
| 16 Mar 2023 | £85,427 | £84,000 | FLAT 3 STEWART COURT, 50 ST MICHAELS ROAD |
| 2 Feb 2023 | £95,639 | £95,000 | FLAT 6 STEWART COURT, 50 ST MICHAELS ROAD |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 16 Sep 2020. Using an estimated price of £136,557 means this house is valued at £3,690 per sq meter (£342 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Commercial Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Commercial Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Commercial Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Commercial Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Commercial Road |