£185,106
This estimated value is based upon the latest sale price for the house of £148,750 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £148,750 | 1 Feb 2019 |
| £106,000 | 14 Nov 2003 |
| £42,000 | 16 Mar 2000 |
| £39,500 | 5 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 February 2019 the House Price Index for BOURNEMOUTH was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £148,750 results in an estimated price of approximately £185,106.
| 1 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £148,750 | £36,356 | £185,106 |
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 | 11.468 % | £17,059 | £165,809 |
| 3 Month Average | 29.643 % | £44,094 | £192,844 |
| 6 Month Average | 26.926 % | £40,053 | £188,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £111,716 | £110,000 | FLAT 5 WALMER COURT, 59 WELLINGTON ROAD |
| 2 Jun 2023 | £234,703 | £230,000 | FLAT 3 WELLESLEY HOUSE, 55 WELLINGTON ROAD |
| 31 Mar 2023 | £144,920 | £142,500 | FLAT 13 LINDEN COURT, 85 LANSDOWNE ROAD |
| 22 Mar 2023 | £159,666 | £157,000 | FLAT 8 MERITON COURT, 87 LANSDOWNE ROAD |
| 23 Jan 2023 | £230,616 | £230,000 | FLAT 13 LANSDOWNE COURT, 83 LANSDOWNE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Jun 2016. Using an estimated price of £185,106 means this house is valued at £2,501 per sq meter (£232 per sq foot).
The average size of a house on WELLINGTON ROAD is 59 sq meters (643 sq feet).