£287,662
This estimated value is based upon the latest sale price for the house of £172,500 on 8 Dec 2006. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £172,500 | 8 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 December 2006 the House Price Index for BOURNEMOUTH was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £172,500 results in an estimated price of approximately £287,662.
| 8 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £172,500 | £115,162 | £287,662 |
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 | 75.510 % | £130,254 | £302,754 |
| 3 Month Average | 78.947 % | £136,183 | £308,683 |
| 6 Month Average | 68.040 % | £117,368 | £289,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £225,000 | £225,000 | FLAT 1 RICHMOND COURT, 179 RICHMOND PARK ROAD |
| 29 Nov 2023 | £195,975 | £191,000 | APARTMENT 1 ISABEL COURT, 181 RICHMOND PARK ROAD |
| 27 Oct 2023 | £155,532 | £152,000 | FLAT 7 SAFFRON COURT, 183 RICHMOND PARK ROAD |
| 5 Oct 2023 | £157,579 | £154,000 | FLAT 3 179 RICHMOND PARK ROAD |
| 4 Aug 2023 | £239,316 | £235,000 | FLAT 1 89 CHATSWORTH ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 12 Feb 2019. Using an estimated price of £287,663 means this house is valued at £5,531 per sq meter (£513 per sq foot).
The average size of a house on RICHMOND PARK ROAD is 66 sq meters (711 sq feet).