£358,506
This estimated value is based upon the latest sale price for the house of £265,000 on 12 May 2016. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £265,000 | 12 May 2016 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2016 the House Price Index for BOURNEMOUTH was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £265,000 results in an estimated price of approximately £358,506.
| 12 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £265,000 | £93,506 | £358,506 |
The Postcode Pricing Model uses changes in average sales price within the BH9 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 | 26.288 % | £69,663 | £334,663 |
| 3 Month Average | 31.511 % | £83,504 | £348,504 |
| 6 Month Average | 31.965 % | £84,706 | £349,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £464,030 | £460,000 | 1155 WIMBORNE ROAD |
| 4 Apr 2024 | £547,252 | £542,500 | 37 STRATHMORE ROAD |
| 20 Dec 2023 | £345,620 | £335,000 | 43 NEWMORTON ROAD |
| 5 Dec 2023 | £619,021 | £600,000 | 31 STRATHMORE ROAD |
| 19 Apr 2023 | £412,720 | £405,000 | 35 NEWMORTON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 Jan 2016. Using an estimated price of £358,507 means this house is valued at £4,319 per sq meter (£401 per sq foot).
The average size of a house on STRATHMORE ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Strathmore Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Strathmore Road |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Strathmore Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Newmorton Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Newmorton Road |