£223,616
This estimated value is based upon the latest sale price for the house of £139,000 on 25 May 2007. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £139,000 | 25 May 2007 |
| £117,500 | 21 Nov 2005 |
| £114,350 | 16 Apr 2004 |
| £44,250 | 23 Jun 1997 |
| £30,000 | 30 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 560 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 May 2007 the House Price Index for BOURNEMOUTH was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £139,000 results in an estimated price of approximately £223,616.
| 25 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £139,000 | £84,616 | £223,616 |
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 | 50.788 % | £70,595 | £209,595 |
| 3 Month Average | 89.503 % | £124,409 | £263,409 |
| 6 Month Average | 76.165 % | £105,870 | £244,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £197,001 | £192,000 | FLAT 11 HILLMORTON COURT, 45 WELLINGTON ROAD |
| 8 Sep 2023 | £222,914 | £218,000 | FLAT 18 THE WATERGARDENS, 49 - 51 WELLINGTON ROAD |
| 18 Aug 2023 | £203,673 | £200,000 | FLAT 9 TRELOEN COURT, 58 WELLINGTON ROAD |
| 5 Apr 2023 | £219,098 | £215,000 | FLAT 4 THE WATERGARDENS, 49 - 51 WELLINGTON ROAD |
| 15 Jun 2022 | £219,696 | £215,000 | FLAT 4 HILLMORTON COURT, 45 WELLINGTON ROAD |
This house has a floor area of 52 sq meters or 560 sq feet when measured on 12 Dec 2011. Using an estimated price of £223,616 means this house is valued at £4,295 per sq meter (£399 per sq foot).
The average size of a house on WELLINGTON ROAD is 59 sq meters (643 sq feet).