£230,479
This estimated value is based upon the latest sale price for the house of £185,000 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
There has been one burglary within the last year on or near Cromer Road
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Price Paid | Date |
---|---|
£185,000 | 26 Apr 2019 |
£118,000 | 20 Jan 2006 |
£140,000 | 17 Sep 2004 |
£122,000 | 21 May 2003 |
£87,000 | 24 Sep 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 84 sq meters or 904 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 April 2019 the House Price Index for BOURNEMOUTH was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £185,000 results in an estimated price of approximately £230,479.
26 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £185,000 | £45,479 | £230,479 |
The Postcode Pricing Model uses changes in average sales price within the BH8 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 | 37.262 % | £68,934 | £253,934 |
3 Month Average | 33.598 % | £62,155 | £247,155 |
6 Month Average | 33.419 % | £61,824 | £246,824 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £695,000 | £695,000 | 15 QUEENS PARK GARDENS |
8 May 2024 | £248,000 | £248,000 | FLAT 5 THE CHASE, 10 QUEENS PARK SOUTH DRIVE |
19 Dec 2023 | £196,023 | £190,000 | FLAT 4 4 QUEENS PARK WEST DRIVE |
18 Dec 2023 | £257,926 | £250,000 | FLAT 1 7 QUEENS PARK GARDENS |
18 Dec 2023 | £187,770 | £182,000 | FLAT E 3 QUEENS PARK GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Aug 2018. Using an estimated price of £230,479 means this house is valued at £2,743 per sq meter (£254 per sq foot).
The average size of a house on CROMER ROAD is 114 sq meters (1,230 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Cromer Road | |
Sep 2024 | Anti-social behaviour | On or near Cromer Road | |
Aug 2024 | Violence and sexual offences | Local resolution | On or near Cromer Road |
Aug 2024 | Burglary | Awaiting court outcome | On or near Cromer Road |
Jul 2024 | Anti-social behaviour | On or near Cromer Road |