£609,278
This estimated value is based upon the latest sale price for the house of £350,000 on 5 Jul 2011. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £350,000 | 5 Jul 2011 |
| £197,500 | 27 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,045 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 July 2011 the House Price Index for BOURNEMOUTH was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £350,000 results in an estimated price of approximately £609,278.
| 5 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £350,000 | £259,278 | £609,278 |
The Postcode Pricing Model uses changes in average sales price within the BH7 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 | 110.964 % | £388,374 | £738,374 |
| 3 Month Average | 66.565 % | £232,976 | £582,976 |
| 6 Month Average | 69.249 % | £242,370 | £592,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £703,813 | £693,000 | 40 SPRINGBANK ROAD |
| 4 Mar 2024 | £599,206 | £590,000 | 8 SPRINGBANK ROAD |
| 13 Apr 2023 | £591,055 | £580,000 | 20 ELMGATE DRIVE |
| 6 Jan 2023 | £451,206 | £450,000 | 6 SPRINGBANK ROAD |
| 21 Jul 2022 | £621,225 | £615,000 | 12 HENLEY GARDENS |
This house has a floor area of 97 sq meters or 1,045 sq feet when measured on 28 Mar 2011. Using an estimated price of £609,279 means this house is valued at £6,271 per sq meter (£582 per sq foot).
The average size of a house on ELMGATE DRIVE is 144 sq meters (1,560 sq feet).
This house is the smallest in the street with a floor area of 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Springvale Avenue |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Springvale Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marwell Close |
| May 2024 | Anti-social behaviour | On or near Springbank Road | |
| May 2024 | Anti-social behaviour | On or near Springbank Road |