£200,161
This estimated value is based upon the latest sale price for the house of £150,000 on 21 Oct 2016. 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 Richmond Wood Road
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| Price Paid | Date |
|---|---|
| £150,000 | 21 Oct 2016 |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2016 the House Price Index for BOURNEMOUTH was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £150,000 results in an estimated price of approximately £200,161.
| 21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £150,000 | £50,161 | £200,161 |
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 | 32.181 % | £48,272 | £198,272 |
| 3 Month Average | 37.621 % | £56,431 | £206,431 |
| 6 Month Average | 36.249 % | £54,373 | £204,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £535,000 | £535,000 | 3 RICHMOND PARK AVENUE |
| 8 Mar 2024 | £276,244 | £272,000 | FIRST FLOOR FLAT 19 RICHMOND WOOD ROAD |
| 31 Oct 2023 | £460,458 | £450,000 | 42 RICHMOND PARK AVENUE |
| 13 Oct 2023 | £741,849 | £725,000 | 29 RICHMOND WOOD ROAD |
| 6 Oct 2023 | £266,042 | £260,000 | FLAT 1 PARK PLACE 134B RICHMOND PARK ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 22 Sep 2016. Using an estimated price of £200,162 means this house is valued at £2,900 per sq meter (£269 per sq foot).
The average size of a house on RICHMOND WOOD ROAD is 116 sq meters (1,252 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Richmond Wood Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Wood Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Wood Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Wood Road |