£195,117
This estimated value is based upon the latest sale price for the house of £147,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £147,000 | 18 Nov 2016 |
| £100,500 | 25 Jun 2004 |
| £77,000 | 14 Jun 2002 |
| £35,000 | 23 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 sq feet |
This model uses changes in the Official Land Registry House Price Index for DORSET to estimate the market value.
When this house was purchased in November 2016 the House Price Index for DORSET was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £147,000 results in an estimated price of approximately £195,117.
| 18 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £147,000 | £48,117 | £195,117 |
The Postcode Pricing Model uses changes in average sales price within the DT5 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 | 72.737 % | £106,922 | £253,922 |
| 3 Month Average | 49.790 % | £73,191 | £220,191 |
| 6 Month Average | 21.153 % | £31,095 | £178,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £147,263 | £145,000 | 20 VERNE COMMON ROAD |
| 13 Nov 2023 | £261,642 | £255,000 | 5 ALBION CRESCENT |
| 12 Oct 2023 | £153,486 | £150,000 | FLAT 3 155 FORTUNESWELL |
| 12 Oct 2023 | £153,486 | £150,000 | FLAT 2 155 FORTUNESWELL |
| 25 Aug 2023 | £448,082 | £440,000 | OSBORNE HALL OSBORNE TERRACE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 29 Feb 2016. Using an estimated price of £195,117 means this house is valued at £2,053 per sq meter (£190 per sq foot).
The average size of a house on VERNE COMMON ROAD is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Bicycle theft | Under investigation | On or near Vindelis Way |
| Sep 2024 | Anti-social behaviour | On or near Theatre/Concert Hall | |
| Aug 2024 | Anti-social behaviour | On or near Belgrave Place | |
| Aug 2024 | Anti-social behaviour | On or near Belgrave Place | |
| Jul 2024 | Anti-social behaviour | On or near Belgrave Place |