£513,022
This estimated value is based upon the latest sale price for the house of £500,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £500,000 | 30 Nov 2023 |
| £345,000 | 15 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 2023 the House Price Index for BOURNEMOUTH was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £500,000 results in an estimated price of approximately £513,022.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £500,000 | £13,022 | £513,022 |
The Postcode Pricing Model uses changes in average sales price within the BH2 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 | 4.628 % | £23,141 | £523,141 |
| 3 Month Average | 10.972 % | £54,861 | £554,861 |
| 6 Month Average | -0.335 % | £-1,675 | £498,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £220,000 | £220,000 | FLAT 23 TOWER COURT, 14 WEST CLIFF ROAD |
| 30 Nov 2023 | £554,064 | £540,000 | FLAT 25 BAY VIEW GARDENS 14B WEST CLIFF ROAD |
| 30 Nov 2023 | £513,023 | £500,000 | FLAT 7 BAY VIEW GARDENS 14B WEST CLIFF ROAD |
| 23 Aug 2023 | £712,857 | £700,000 | FLAT 5 BAY VIEW GARDENS 14B WEST CLIFF ROAD |
| 1 Jun 2023 | £301,033 | £295,000 | FLAT 40 TOWER COURT, 14 WEST CLIFF ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 15 May 2019. Using an estimated price of £513,023 means this house is valued at £5,457 per sq meter (£507 per sq foot).
The average size of a house on WEST CLIFF ROAD is 77 sq meters (831 sq feet).