£339,958
This estimated value is based upon the latest sale price for the house of £222,500 on 11 Jul 2014. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£222,500 | 11 Jul 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 2014 the House Price Index for DORSET was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £222,500 results in an estimated price of approximately £339,958.
11 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £222,500 | £117,458 | £339,958 |
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 | 35.465 % | £78,909 | £301,409 |
3 Month Average | 40.019 % | £89,042 | £311,542 |
6 Month Average | 41.918 % | £93,267 | £315,767 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £284,986 | £280,000 | FLAT 25 OLYMPIA HEIGHTS GREENHILL |
1 Dec 2023 | £109,923 | £108,000 | 33E MELCOMBE AVENUE |
20 Sep 2023 | £255,770 | £252,500 | FLAT 3 27 MELCOMBE AVENUE |
12 Sep 2023 | £294,769 | £291,000 | FLAT 32 OLYMPIA HEIGHTS GREENHILL |
21 Apr 2023 | £212,286 | £210,000 | FLAT 22 BEACH COURT, 39 - 41 MELCOMBE AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Jan 2014. Using an estimated price of £339,959 means this house is valued at £4,532 per sq meter (£421 per sq foot).
The average size of a house on MELCOMBE AVENUE is 88 sq meters (948 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sports/Recreation Area |
Mar 2024 | Other theft | Under investigation | On or near Greenhill |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area |