£439,923
This estimated value is based upon the latest sale price for the house of £360,000 on 25 Sep 2019. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £360,000 | 25 Sep 2019 |
| £240,000 | 6 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2019 the House Price Index for DORSET was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £360,000 results in an estimated price of approximately £439,923.
| 25 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £360,000 | £79,923 | £439,923 |
The Postcode Pricing Model uses changes in average sales price within the BH31 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 | 31.517 % | £113,461 | £473,461 |
| 3 Month Average | 13.400 % | £48,239 | £408,239 |
| 6 Month Average | 17.922 % | £64,519 | £424,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £357,172 | £355,000 | 27 MEADOW WAY |
| 25 Nov 2022 | £875,798 | £890,000 | 1 HOLLYBANK, 44 LAKE ROAD |
| 26 Aug 2022 | £645,638 | £650,000 | 42 LAKE ROAD |
| 8 Jul 2022 | £411,943 | £412,500 | 29 MEADOW WAY |
| 7 Jan 2022 | £518,839 | £495,000 | 8 MEADOW WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 29 Oct 2012. Using an estimated price of £439,924 means this house is valued at £5,713 per sq meter (£530 per sq foot).
The average size of a house on LAKE ROAD is 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Whitebeam Way | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Whitebeam Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Meadow Way |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lake Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Monmouth Drive |