£174,297
This estimated value is based upon the latest sale price for the house of £129,950 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £129,950 | 12 Aug 2016 |
| £43,000 | 14 Mar 2000 |
| £32,500 | 24 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 August 2016 the House Price Index for BOURNEMOUTH was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £129,950 results in an estimated price of approximately £174,297.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £129,950 | £44,347 | £174,297 |
The Postcode Pricing Model uses changes in average sales price within the BH2 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 | 64.339 % | £83,608 | £213,558 |
| 3 Month Average | 19.755 % | £25,672 | £155,622 |
| 6 Month Average | 10.464 % | £13,598 | £143,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £143,646 | £140,000 | 2 NEWGATE LODGE NEWGATE MEWS |
| 22 Jun 2023 | £267,868 | £262,500 | FLAT 5 VILETO, 15 CAMBRIDGE ROAD |
| 28 Apr 2023 | £1,579,544 | £1,550,000 | MAJORCA MANSIONS CRESCENT ROAD |
| 24 Apr 2023 | £234,384 | £230,000 | FLAT 16 VILETO, 15 CAMBRIDGE ROAD |
| 6 Apr 2023 | £249,670 | £245,000 | FLAT 13 VILETO, 15 CAMBRIDGE ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Sep 2016. Using an estimated price of £174,297 means this house is valued at £3,112 per sq meter (£289 per sq foot).
The average size of a house on SUFFOLK ROAD is 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Crescent Road | |
| Oct 2024 | Anti-social behaviour | On or near Crescent Road | |
| Oct 2024 | Anti-social behaviour | On or near Crescent Road | |
| Oct 2024 | Anti-social behaviour | On or near Crescent Road | |
| Oct 2024 | Anti-social behaviour | On or near Crescent Road |