£281,531
This estimated value is based upon the latest sale price for the house of £175,000 on 10 May 2007. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £175,000 | 10 May 2007 |
| £162,500 | 10 Jan 2007 |
| £188,950 | 3 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
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 £175,000 results in an estimated price of approximately £281,531.
| 10 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £175,000 | £106,531 | £281,531 |
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 % | £88,879 | £263,879 |
| 3 Month Average | 89.503 % | £156,630 | £331,630 |
| 6 Month Average | 76.165 % | £133,289 | £308,289 |
| 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 |
| 5 Apr 2023 | £219,098 | £215,000 | FLAT 4 THE WATERGARDENS, 49 - 51 WELLINGTON ROAD |
| 29 Jul 2022 | £78,789 | £78,000 | FLAT 41 HOMELEIGH HOUSE, 52 WELLINGTON ROAD |
| 15 Jun 2022 | £219,696 | £215,000 | FLAT 4 HILLMORTON COURT, 45 WELLINGTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Portchester Road | |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Portchester Road |