£215,522
This estimated value is based upon the latest sale price for the house of £78,000 on 2 Aug 2002. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£78,000 | 2 Aug 2002 |
£20,000 | 22 Apr 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 2002 the House Price Index for BOURNEMOUTH was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £78,000 results in an estimated price of approximately £215,522.
2 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.2 | 149.7 | 176.311 % | £78,000 | £137,522 | £215,522 |
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 | 173.734 % | £135,512 | £213,512 |
3 Month Average | 84.218 % | £65,690 | £143,690 |
6 Month Average | 83.578 % | £65,190 | £143,190 |
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 47 sq meters or 505 sq feet when measured on 4 Sep 2015. Using an estimated price of £215,522 means this house is valued at £4,585 per sq meter (£426 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 |