£197,664
This estimated value is based upon the latest sale price for the house of £152,500 on 30 Mar 2017. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£152,500 | 30 Mar 2017 |
£124,000 | 26 Nov 2003 |
£113,950 | 8 Oct 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 2017 the House Price Index for DORSET was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £152,500 results in an estimated price of approximately £197,664.
30 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £152,500 | £45,164 | £197,664 |
The Postcode Pricing Model uses changes in average sales price within the DT4 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 | 47.231 % | £72,026 | £224,526 |
3 Month Average | 30.187 % | £46,035 | £198,535 |
6 Month Average | 22.928 % | £34,965 | £187,465 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £134,351 | £132,000 | FLAT 25 SWANNERY COURT COMMERCIAL ROAD |
15 Sep 2023 | £146,878 | £145,000 | FLAT 21 SWANNERY COURT COMMERCIAL ROAD |
25 Aug 2023 | £191,677 | £190,000 | FLAT 9 SWANNERY COURT COMMERCIAL ROAD |
25 Aug 2023 | £221,942 | £220,000 | FLAT 26 SWANNERY COURT COMMERCIAL ROAD |
13 Jun 2023 | £172,084 | £170,000 | FLAT 63 SWANNERY COURT COMMERCIAL ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 21 May 2012. Using an estimated price of £197,664 means this house is valued at £4,118 per sq meter (£382 per sq foot).
The average size of a house on COMMERCIAL ROAD is 68 sq meters (741 sq feet).