£74,546
This estimated value is based upon the latest sale price for the house of £60,482 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £60,482 | 28 Feb 2020 |
| £110,000 | 11 Apr 2005 |
| £206,000 | 19 Dec 2002 |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 February 2020 the House Price Index for BOURNEMOUTH was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £60,482 results in an estimated price of approximately £74,546.
| 28 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £60,482 | £14,064 | £74,546 |
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 | 28.200 % | £17,055 | £77,537 |
| 3 Month Average | 36.135 % | £21,855 | £82,337 |
| 6 Month Average | 24.565 % | £14,857 | £75,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £111,716 | £110,000 | FLAT 5 WALMER COURT, 59 WELLINGTON ROAD |
| 24 Aug 2023 | £142,571 | £140,000 | FLAT 2 PORTCHESTER HOUSE, 76 PORTCHESTER ROAD |
| 2 Jun 2023 | £234,703 | £230,000 | FLAT 3 WELLESLEY HOUSE, 55 WELLINGTON ROAD |
| 5 Jul 2022 | £222,227 | £220,000 | FLAT 2 3 MILTON ROAD |
| 28 Jun 2022 | £321,881 | £315,000 | FLAT 10 EVERGREEN DRIVE, 8 MILTON ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 13 Dec 2018. Using an estimated price of £74,547 means this house is valued at £521 per sq meter (£48 per sq foot).
The average size of a house on PORTCHESTER ROAD is 78 sq meters (843 sq feet).