£291,231
This estimated value is based upon the latest sale price for the house of £64,000 on 20 Feb 1999. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
There has been one burglary within the last year on or near Richmond Park Avenue
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| Price Paid | Date |
|---|---|
| £64,000 | 20 Feb 1999 |
| £43,000 | 20 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 February 1999 the House Price Index for BOURNEMOUTH was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £64,000 results in an estimated price of approximately £291,231.
| 20 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 149.7 | 355.049 % | £64,000 | £227,231 | £291,231 |
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 | 382.125 % | £244,560 | £308,560 |
| 3 Month Average | 355.678 % | £227,634 | £291,634 |
| 6 Month Average | 341.320 % | £218,444 | £282,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £247,463 | £243,000 | FLAT 4 88 RICHMOND PARK AVENUE |
| 23 Jun 2023 | £936,263 | £917,500 | 33 ST ALBANS AVENUE |
| 27 Jun 2022 | £427,130 | £418,000 | 65B RICHMOND WOOD ROAD |
| 6 Dec 2021 | £161,896 | £150,000 | FLAT 7 ST. MARTINS COURT, 83 RICHMOND WOOD ROAD |
| 26 Nov 2021 | £871,616 | £800,000 | 50 ST ALBANS AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 17 Jun 2020. Using an estimated price of £291,231 means this house is valued at £4,774 per sq meter (£443 per sq foot).
The average size of a house on RICHMOND PARK AVENUE is 126 sq meters (1,362 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Richmond Park Avenue |
| Sep 2024 | Burglary | Under investigation | On or near Richmond Park Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near St Alban'S Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Richmond Wood Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Wood Road |