£261,711
This estimated value is based upon the latest sale price for the house of £159,950 on 21 Oct 2013. This value is then adjusted by the current Official House Price Index for DORSET 1
There has been one burglary within the last year on or near Gorse Lane
More crime details
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| Price Paid | Date |
|---|---|
| £159,950 | 21 Oct 2013 |
| £53,500 | 18 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2013 the House Price Index for DORSET was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £159,950 results in an estimated price of approximately £261,711.
| 21 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £159,950 | £101,761 | £261,711 |
The Postcode Pricing Model uses changes in average sales price within the BH16 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 | 33.536 % | £53,641 | £213,591 |
| 3 Month Average | 76.303 % | £122,046 | £281,996 |
| 6 Month Average | 56.418 % | £90,240 | £250,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £263,907 | £260,000 | 71 GORSE LANE |
| 3 Nov 2023 | £274,057 | £270,000 | 54 GORSE LANE |
| 17 Jul 2023 | £311,188 | £307,000 | 68 GORSE LANE |
| 21 Apr 2023 | £210,264 | £208,000 | 14 PALMERSTON ROAD |
| 6 Sep 2022 | £267,837 | £270,000 | 4 GORSE LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 24 Jul 2013. Using an estimated price of £261,711 means this house is valued at £4,591 per sq meter (£426 per sq foot).
The average size of a house on GORSE LANE is 65 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Gorse Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gorse Lane |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palmerston Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmerston Road |