£616,687
This estimated value is based upon the latest sale price for the house of £500,000 on 16 Jul 2019. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £500,000 | 16 Jul 2019 |
| £478,000 | 4 Aug 2017 |
| £363,150 | 27 Nov 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 102 sq meters or 1,100 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 July 2019 the House Price Index for DORSET was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £500,000 results in an estimated price of approximately £616,687.
| 16 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £500,000 | £116,687 | £616,687 |
The Postcode Pricing Model uses changes in average sales price within the DT4 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 | 27.508 % | £137,541 | £637,541 |
| 3 Month Average | 36.156 % | £180,778 | £680,778 |
| 6 Month Average | 24.435 % | £122,175 | £622,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £172,500 | £172,500 | FLAT 20 ST JOHNS COURT WILLIAM STREET |
| 2 Jun 2023 | £546,621 | £540,000 | FLAT 1A BAYWATCH, 26 GREENHILL |
| 31 Mar 2023 | £222,092 | £220,000 | FLAT 10 CHARLOTTE HOUSE, 24 GREENHILL |
| 30 Mar 2023 | £242,283 | £240,000 | FLAT 8 CHARLOTTE HOUSE, 24 GREENHILL |
| 15 Mar 2023 | £635,992 | £630,000 | FLAT 7 BAYWATCH, 26 GREENHILL |
This house has a floor area of 102 sq meters or 1,100 sq feet when measured on 8 Sep 2009. Using an estimated price of £616,687 means this house is valued at £6,030 per sq meter (£560 per sq foot).
The average size of a house on GREENHILL is 100 sq meters (1,083 sq feet).