£236,786
This estimated value is based upon the latest sale price for the house of £214,000 on 14 Oct 2021. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£214,000 | 14 Oct 2021 |
£181,500 | 4 Jul 2018 |
£175,000 | 16 Dec 2016 |
£170,000 | 22 Apr 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 October 2021 the House Price Index for BOURNEMOUTH was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £214,000 results in an estimated price of approximately £236,786.
14 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £214,000 | £22,786 | £236,786 |
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 | 97.346 % | £208,321 | £422,321 |
3 Month Average | 15.921 % | £34,071 | £248,071 |
6 Month Average | 22.828 % | £48,851 | £262,851 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £131,954 | £130,000 | 1 ASTLEY HOUSE, 141 RICHMOND PARK ROAD |
27 Jul 2022 | £157,424 | £157,000 | FLAT 2 JAMES COURT, 153 RICHMOND PARK ROAD |
15 Jul 2022 | £197,532 | £197,000 | FLAT 2 GEORGE COURT, 147 RICHMOND PARK ROAD |
11 Jul 2022 | £218,087 | £217,500 | FLAT 3 OCTOBER PLACE, 149 RICHMOND PARK ROAD |
17 Jun 2022 | £213,010 | £210,000 | FLAT 1 123 RICHMOND PARK ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 21 May 2021. Using an estimated price of £236,786 means this house is valued at £3,243 per sq meter (£301 per sq foot).
The average size of a house on RICHMOND PARK ROAD is 66 sq meters (711 sq feet).