£270,734
This estimated value is based upon the latest sale price for the house of £272,000 on 2 Nov 2022. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£272,000 | 2 Nov 2022 |
£167,500 | 28 May 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 882 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 November 2022 the House Price Index for BOURNEMOUTH was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £272,000 results in an estimated price of approximately £270,734.
2 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 149.7 | -0.465 % | £272,000 | £-1,265 | £270,734 |
The Postcode Pricing Model uses changes in average sales price within the BH1 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 | 7.694 % | £20,927 | £292,927 |
3 Month Average | -17.276 % | £-46,991 | £225,008 |
6 Month Average | -2.130 % | £-5,792 | £266,207 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £285,143 | £280,000 | FLAT 15 ALBEMARLE COURT, 22 MANOR ROAD |
2 Nov 2022 | £270,734 | £272,000 | FLAT 64 COLMAN COURT, 20 MANOR ROAD |
5 Aug 2022 | £261,221 | £260,000 | FLAT 22 EAST CLIFF MANOR, 45 CHRISTCHURCH ROAD |
15 Jul 2022 | £290,915 | £288,000 | FLAT 11 EAST CLIFF MANOR, 45 CHRISTCHURCH ROAD |
20 May 2022 | £195,082 | £190,000 | FLAT 22 COLMAN COURT, 20 MANOR ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 7 Mar 2013. Using an estimated price of £270,734 means this house is valued at £3,301 per sq meter (£306 per sq foot).
The average size of a house on MANOR ROAD is 98 sq meters (1,064 sq feet).