£131,745
This estimated value is based upon the latest sale price for the house of £87,000 on 12 Aug 2014. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £87,000 | 12 Aug 2014 |
| £104,000 | 7 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 460 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 August 2014 the House Price Index for DORSET was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £87,000 results in an estimated price of approximately £131,745.
| 12 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £87,000 | £44,745 | £131,745 |
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 | 29.882 % | £25,997 | £112,997 |
| 3 Month Average | 39.134 % | £34,046 | £121,046 |
| 6 Month Average | 35.657 % | £31,021 | £118,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £116,728 | £115,000 | 33 HARDWICK STREET |
| 1 Sep 2023 | £116,489 | £115,000 | 11 THE CARRIAGES CHELMSFORD STREET |
| 11 Aug 2023 | £129,130 | £128,000 | 15 THE CARRIAGES CHELMSFORD STREET |
| 21 Apr 2023 | £126,361 | £125,000 | FLAT 37 NIGHTINGALE COURT, 11 VICTORIA STREET |
| 5 Apr 2023 | £416,990 | £412,500 | 132 THE ESPLANADE |
This house has a floor area of 42 sq meters or 460 sq feet when measured on 16 Sep 2009. Using an estimated price of £131,746 means this house is valued at £3,081 per sq meter (£286 per sq foot).
The average size of a house on VICTORIA STREET is 57 sq meters (617 sq feet).