£110,989
This estimated value is based upon the latest sale price for the house of £85,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £85,000 | 10 Mar 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 March 2017 the House Price Index for BOURNEMOUTH was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £85,000 results in an estimated price of approximately £110,989.
| 10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £85,000 | £25,989 | £110,989 |
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 | 91.341 % | £77,639 | £162,639 |
| 3 Month Average | 16.181 % | £13,754 | £98,754 |
| 6 Month Average | 6.656 % | £5,657 | £90,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £130,000 | £130,000 | FLAT 11 17 SEA ROAD |
| 3 May 2024 | £130,000 | £130,000 | FLAT 8 17 SEA ROAD |
| 14 Nov 2023 | £133,386 | £130,000 | FLAT 1A 16 SEA ROAD |
| 16 Aug 2023 | £366,612 | £360,000 | 567 CHRISTCHURCH ROAD |
| 23 Jun 2023 | £173,476 | £170,000 | FLAT 1 ADMIRALS COURT, 39 SEA ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 21 May 2009. Using an estimated price of £110,989 means this house is valued at £2,845 per sq meter (£264 per sq foot).
The average size of a house on SEA ROAD is 55 sq meters (597 sq feet).