£237,837
This estimated value is based upon the latest sale price for the house of £48,000 on 21 Nov 1997. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£48,000 | 21 Nov 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 November 1997 the House Price Index for DORSET was 30.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 395.496%.Applying this 395.496% change to the original purchase price of £48,000 results in an estimated price of approximately £237,837.
21 Nov 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.2 | 149.7 | 395.496 % | £48,000 | £189,837 | £237,837 |
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 | 289.451 % | £138,936 | £186,936 |
3 Month Average | 351.195 % | £168,573 | £216,573 |
6 Month Average | 359.798 % | £172,702 | £220,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £500,000 | £500,000 | 74 RODWELL ROAD |
19 Dec 2023 | £218,721 | £212,000 | FLAT 1 CAMBRIDGE COURT, 2 VERNE ROAD |
6 Dec 2023 | £275,052 | £266,600 | 1 NEW CLOSE GARDENS |
23 Nov 2023 | £220,600 | £215,000 | FLAT 2 CAMBRIDGE COURT, 2 VERNE ROAD |
21 Aug 2023 | £249,500 | £245,000 | FLAT 3 DUNVEGAN LODGE, 1A BINCLEAVES ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 5 Aug 2015. Using an estimated price of £237,838 means this house is valued at £4,324 per sq meter (£401 per sq foot).
The average size of a house on NEW CLOSE GARDENS is 131 sq meters (1,410 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near New Close Gardens | |
Aug 2024 | Anti-social behaviour | On or near New Close Gardens | |
Aug 2024 | Anti-social behaviour | On or near New Close Gardens |