£235,522
This estimated value is based upon the latest sale price for the house of £51,500 on 29 Jan 1999. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £51,500 | 29 Jan 1999 |
| £42,000 | 22 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 January 1999 the House Price Index for DORSET was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £51,500 results in an estimated price of approximately £235,522.
| 29 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £51,500 | £184,022 | £235,522 |
The Postcode Pricing Model uses changes in average sales price within the SP8 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 | 295.388 % | £152,124 | £203,624 |
| 3 Month Average | 229.842 % | £118,368 | £169,868 |
| 6 Month Average | 293.523 % | £151,164 | £202,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £155,810 | £153,000 | 15 ORCHARD ROAD |
| 5 Apr 2023 | £214,003 | £210,000 | 7 OCTAVE TERRACE |
| 4 Apr 2023 | £226,741 | £222,500 | 8 OCTAVE TERRACE |
| 11 Nov 2022 | £248,836 | £250,000 | 1 ST MARY'S COURT ST MARY'S PLACE |
| 14 Oct 2022 | £209,301 | £210,000 | 1 ST MARY'S PLACE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 7 Aug 2014. Using an estimated price of £235,522 means this house is valued at £2,403 per sq meter (£223 per sq foot).
The average size of a house on CYPRESS WAY is 86 sq meters (930 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).