£176,428
This estimated value is based upon the latest sale price for the house of £167,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £167,000 | 11 Feb 2022 |
| £128,000 | 20 Sep 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 February 2022 the House Price Index for BOURNEMOUTH was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £167,000 results in an estimated price of approximately £176,428.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £167,000 | £9,428 | £176,428 |
The Postcode Pricing Model uses changes in average sales price within the BH1 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 | -9.119 % | £-15,229 | £151,770 |
| 3 Month Average | -22.046 % | £-36,816 | £130,183 |
| 6 Month Average | 2.647 % | £4,419 | £171,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £250,000 | £250,000 | FLAT 3 MELBURY HOUSE, 460 CHRISTCHURCH ROAD |
| 15 Dec 2023 | £95,948 | £93,000 | 22 CALEDONIAN COURT, 446 CHRISTCHURCH ROAD |
| 29 Jun 2023 | £524,511 | £514,000 | 4 WHARNCLIFFE ROAD |
| 31 Mar 2023 | £122,038 | £120,000 | 454 CHRISTCHURCH ROAD |
| 24 Jun 2022 | £167,071 | £163,500 | FLAT 10 MONKTON HEIGHTS, 4 BOSCOMBE SPA ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 5 Apr 2013. Using an estimated price of £176,428 means this house is valued at £3,267 per sq meter (£303 per sq foot).
The average size of a house on CHRISTCHURCH ROAD is 63 sq meters (679 sq feet).