£736,023
This estimated value is based upon the latest sale price for the house of £550,000 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for DORSET 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £550,000 | 9 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,124 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 September 2016 the House Price Index for DORSET was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £550,000 results in an estimated price of approximately £736,023.
| 9 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £550,000 | £186,023 | £736,023 |
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 | 15.836 % | £87,098 | £637,098 |
| 3 Month Average | 5.231 % | £28,772 | £578,772 |
| 6 Month Average | 30.057 % | £165,312 | £715,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £194,416 | £190,000 | 126 MAPLE WAY |
| 10 Oct 2023 | £260,926 | £255,000 | 33 MAPLE WAY |
| 16 Aug 2023 | £626,296 | £615,000 | ASHTREES COMMON MEAD LANE |
| 28 Apr 2023 | £2,343,834 | £2,299,995 | THE MELLOWES NURSING HOME COMMON MEAD LANE |
| 16 Jan 2023 | £290,777 | £290,000 | 4 GREENBANKS |
This house has a floor area of 197 sq meters or 2,124 sq feet when measured on 23 Nov 2010. Using an estimated price of £736,023 means this house is valued at £3,729 per sq meter (£346 per sq foot).
The average size of a house on COMMON MEAD LANE is 130 sq meters (1,405 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laburnum Way |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Laurels |
| Oct 2024 | Public order | Under investigation | On or near Common Mead Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Common Mead Lane |