£815,528
This estimated value is based upon the latest sale price for the house of £475,300 on 1 Sep 2006. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £475,300 | 1 Sep 2006 |
| £345,000 | 28 Feb 2001 |
| £235,000 | 30 Sep 1998 |
| Detached |
| Freehold |
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 September 2006 the House Price Index for DORSET was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £475,300 results in an estimated price of approximately £815,528.
| 1 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £475,300 | £340,228 | £815,528 |
The Postcode Pricing Model uses changes in average sales price within the BH21 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 | 56.041 % | £266,363 | £741,663 |
| 3 Month Average | 52.654 % | £250,264 | £725,564 |
| 6 Month Average | 52.589 % | £249,956 | £725,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £358,000 | £352,500 | 121 LAKE ROAD |
| 22 Mar 2024 | £253,850 | £249,950 | 19 BINGHAM CLOSE |
| 4 Aug 2023 | £285,143 | £280,000 | 54 BINGHAM DRIVE |
| 3 Aug 2023 | £381,888 | £375,000 | 4 BINGHAM ROAD |
| 6 Apr 2023 | £305,718 | £300,000 | 3 BINGHAM CLOSE |