£163,751
This estimated value is based upon the latest sale price for the house of £127,500 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£127,500 | 21 Jul 2017 |
£101,000 | 30 Jun 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 2017 the House Price Index for DORSET was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £127,500 results in an estimated price of approximately £163,751.
21 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £127,500 | £36,251 | £163,751 |
The Postcode Pricing Model uses changes in average sales price within the DT6 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 | 1.034 % | £1,318 | £128,818 |
3 Month Average | 3.107 % | £3,961 | £131,461 |
6 Month Average | 15.843 % | £20,200 | £147,700 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £580,037 | £575,000 | 17A DOWNES STREET |
28 Jun 2023 | £295,930 | £290,000 | 8 EAST STREET |
1 Nov 2022 | £173,190 | £174,000 | BRIGADE HALL RAX LANE |
22 Jul 2022 | £103,032 | £102,000 | FLAT 3 30 EAST STREET |
7 Jul 2022 | £606,073 | £600,000 | 7 DOWNES STREET |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 30 Apr 2019. Using an estimated price of £163,752 means this house is valued at £4,548 per sq meter (£422 per sq foot).
The average size of a house on RAX LANE is 69 sq meters (750 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Rax Lane |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rax Lane |