£346,793
This estimated value is based upon the latest sale price for the house of £107,500 on 2 Nov 2001. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£107,500 | 2 Nov 2001 |
£40,250 | 28 Sep 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 November 2001 the House Price Index for BOURNEMOUTH was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £107,500 results in an estimated price of approximately £346,793.
2 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 149.7 | 222.599 % | £107,500 | £239,293 | £346,793 |
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 | 196.359 % | £211,085 | £318,585 |
3 Month Average | 190.759 % | £205,065 | £312,565 |
6 Month Average | 186.413 % | £200,393 | £307,893 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £226,971 | £225,000 | FLAT 5 CROFTON COURT, 37 WELLINGTON ROAD |
5 Apr 2024 | £159,384 | £158,000 | FLAT 5 25 WELLINGTON ROAD |
30 Nov 2023 | £235,990 | £230,000 | 6 PARSONAGE COURT, 42 WELLINGTON ROAD |
29 Nov 2023 | £182,636 | £178,000 | FLAT 2 DELLTON, 29 WELLINGTON ROAD |
6 Oct 2023 | £245,578 | £240,000 | FLAT 8 WELLINGTON COURT, 50 WELLINGTON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Mar 2016. Using an estimated price of £346,794 means this house is valued at £5,176 per sq meter (£480 per sq foot).
The average size of a house on WELLINGTON ROAD is 59 sq meters (643 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
Jul 2024 | Other theft | Awaiting court outcome | On or near Parking Area |
Jul 2024 | Anti-social behaviour | On or near Wellington Road |