£313,179
This estimated value is based upon the latest sale price for the house of £300,000 on 30 Mar 2022. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £300,000 | 30 Mar 2022 |
| £235,000 | 7 Jan 2011 |
| £239,950 | 16 Aug 2007 |
| £210,000 | 27 Jul 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 March 2022 the House Price Index for DORSET was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £300,000 results in an estimated price of approximately £313,179.
| 30 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £300,000 | £13,179 | £313,179 |
The Postcode Pricing Model uses changes in average sales price within the BH22 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 | 28.252 % | £84,756 | £384,756 |
| 3 Month Average | 5.934 % | £17,801 | £317,801 |
| 6 Month Average | 5.310 % | £15,930 | £315,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £899,205 | £895,000 | 27 FERNLEA AVENUE |
| 14 Jul 2022 | £277,783 | £275,000 | FLAT 11 PEGASUS LODGE, 345 NEW ROAD |
| 30 Mar 2022 | £313,180 | £300,000 | FLAT 3 PEGASUS LODGE, 345 NEW ROAD |
| 5 Jan 2022 | £779,246 | £735,000 | 313 NEW ROAD |
| 3 Dec 2021 | £212,624 | £197,000 | FLAT 3 CAMBRIDGE COURT, 339 NEW ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 20 Dec 2021. Using an estimated price of £313,180 means this house is valued at £3,914 per sq meter (£363 per sq foot).
The average size of a house on NEW ROAD is 112 sq meters (1,213 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Fernlea Close |
| Jul 2024 | Anti-social behaviour | On or near Fernlea Close | |
| Jul 2024 | Anti-social behaviour | On or near Fernlea Close | |
| Jul 2024 | Public order | Under investigation | On or near Fernlea Close |
| Jul 2024 | Anti-social behaviour | On or near Fernlea Close |