£474,886
This estimated value is based upon the latest sale price for the house of £480,000 on 17 Oct 2022. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £480,000 | 17 Oct 2022 |
| £450,000 | 1 Dec 2021 |
| £456,000 | 12 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 sq feet |
This model uses changes in the Official Land Registry House Price Index for DORSET to estimate the market value.
When this house was purchased in October 2022 the House Price Index for DORSET was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £480,000 results in an estimated price of approximately £474,886.
| 17 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £480,000 | £-5,113 | £474,886 |
The Postcode Pricing Model uses changes in average sales price within the BH21 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 | -42.724 % | £-205,076 | £274,923 |
| 3 Month Average | -23.883 % | £-114,640 | £365,359 |
| 6 Month Average | -4.123 % | £-19,791 | £460,208 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £578,566 | £570,000 | 73 CEDAR DRIVE |
| 2 Jun 2023 | £404,905 | £400,000 | 18 HAYES CLOSE |
| 31 Mar 2023 | £385,633 | £382,000 | 5 CEDAR DRIVE |
| 30 Mar 2023 | £847,989 | £840,000 | 3 HAYES LANE |
| 20 Mar 2023 | £630,944 | £625,000 | 8 MARTINDALE AVENUE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 1 May 2012. Using an estimated price of £474,887 means this house is valued at £3,252 per sq meter (£302 per sq foot).
The average size of a house on HAYES LANE is 118 sq meters (1,273 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Acorns |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Acorns |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Farm Court |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Foxcroft Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Churchmoor Road |