£723,221
This estimated value is based upon the latest sale price for the house of £465,000 on 28 Mar 2008. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £465,000 | 28 Mar 2008 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,495 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 March 2008 the House Price Index for DORSET was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.531%.Applying this 55.531% change to the original purchase price of £465,000 results in an estimated price of approximately £723,221.
| 28 Mar 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 146.7 | 55.531 % | £465,000 | £258,221 | £723,221 |
The Postcode Pricing Model uses changes in average sales price within the BH22 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 | -3.929 % | £-18,270 | £446,729 |
| 3 Month Average | 29.635 % | £137,802 | £602,802 |
| 6 Month Average | 45.426 % | £211,231 | £676,231 |
This house has a floor area of 138 sq meters or 1,495 sq feet when measured on 20 Mar 2012.
The average size of a house on LAKE FARM CLOSE is 132 sq meters (1,426 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Further investigation is not in the public interest | On or near Lake Farm Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Farm Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Farm Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lake Farm Close |
| Jan 2024 | Public order | Further investigation is not in the public interest | On or near Ringwood Road |