£276,041
This estimated value is based upon the latest sale price for the house of £162,000 on 12 Dec 2012. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £162,000 | 12 Dec 2012 |
| £60,000 | 1 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 December 2012 the House Price Index for BOURNEMOUTH was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £162,000 results in an estimated price of approximately £276,041.
| 12 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £162,000 | £114,041 | £276,041 |
The Postcode Pricing Model uses changes in average sales price within the BH10 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 | 38.931 % | £63,067 | £225,067 |
| 3 Month Average | 63.402 % | £102,711 | £264,711 |
| 6 Month Average | 67.647 % | £109,588 | £271,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £441,837 | £438,000 | 84 REDHILL DRIVE |
| 18 Dec 2023 | £355,937 | £345,000 | 60 REDHILL DRIVE |
| 23 Jun 2023 | £244,908 | £240,000 | 43A REDHILL DRIVE |
| 23 Jun 2023 | £229,601 | £225,000 | 43 REDHILL DRIVE |
| 21 Mar 2023 | £528,832 | £520,000 | 76 PINE VALE CRESCENT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 31 Jul 2012. Using an estimated price of £276,041 means this house is valued at £4,678 per sq meter (£434 per sq foot).
The average size of a house on REDHILL DRIVE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ross Mount Close |
| Sep 2024 | Anti-social behaviour | On or near Orchard Grove | |
| Sep 2024 | Anti-social behaviour | On or near Orchard Grove | |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Orchard Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Orchard Grove |