£374,064
This estimated value is based upon the latest sale price for the house of £248,000 on 7 Nov 2014. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £248,000 | 7 Nov 2014 |
| £185,000 | 14 Dec 2009 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 November 2014 the House Price Index for BOURNEMOUTH was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £248,000 results in an estimated price of approximately £374,064.
| 7 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £248,000 | £126,064 | £374,064 |
The Postcode Pricing Model uses changes in average sales price within the BH11 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 | 45.653 % | £113,218 | £361,218 |
| 3 Month Average | 59.587 % | £147,775 | £395,775 |
| 6 Month Average | 53.645 % | £133,039 | £381,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2024 | £350,000 | £350,000 | 24 WELDON AVENUE |
| 7 Jun 2024 | £355,000 | £355,000 | 54 WELDON AVENUE |
| 4 Dec 2023 | £402,364 | £390,000 | 55 WELDON AVENUE |
| 15 Sep 2023 | £332,326 | £325,000 | 45 WELDON AVENUE |
| 29 Aug 2023 | £376,796 | £370,000 | 40 WELDON AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 28 Aug 2014. Using an estimated price of £374,065 means this house is valued at £6,562 per sq meter (£609 per sq foot).
The average size of a house on WELDON AVENUE is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Weldon Avenue |
| Oct 2024 | Anti-social behaviour | On or near Dukes Drive | |
| Oct 2024 | Anti-social behaviour | On or near Dukes Drive | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ryecroft Avenue |
| Aug 2024 | Anti-social behaviour | On or near Knights Road |