£352,076
This estimated value is based upon the latest sale price for the house of £285,000 on 7 Jan 2019. This value is then adjusted by the current Official House Price Index for POOLE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 7 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for POOLE to estimate the market value.
When this house was purchased in January 2019 the House Price Index for POOLE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £285,000 results in an estimated price of approximately £352,076.
| 7 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £285,000 | £67,076 | £352,076 |
The Postcode Pricing Model uses changes in average sales price within the BH15 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 | 71.963 % | £205,094 | £490,094 |
| 3 Month Average | 8.771 % | £24,998 | £309,998 |
| 6 Month Average | 14.210 % | £40,497 | £325,497 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £477,063 | £470,000 | 56 MELLSTOCK ROAD |
| 30 Aug 2023 | £364,186 | £361,000 | 14 TATNAM ROAD |
| 3 Mar 2022 | £463,209 | £447,000 | 10 MELLSTOCK ROAD |
| 17 Jan 2022 | £431,487 | £410,000 | 4 MELLSTOCK ROAD |
| 10 Dec 2021 | £508,904 | £475,000 | 36 MELLSTOCK ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 26 Jul 2018. Using an estimated price of £352,076 means this house is valued at £4,513 per sq meter (£419 per sq foot).
The average size of a house on WELL LANE is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Well Lane | |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Well Lane |
| Feb 2024 | Anti-social behaviour | On or near Well Lane | |
| Feb 2024 | Anti-social behaviour | On or near Well Lane | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Well Lane |