£148,578
This estimated value is based upon the latest sale price for the house of £132,500 on 19 Mar 2021. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £132,500 | 19 Mar 2021 |
| £135,000 | 22 May 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 March 2021 the House Price Index for BOURNEMOUTH was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £132,500 results in an estimated price of approximately £148,578.
| 19 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 149.7 | 12.135 % | £132,500 | £16,078 | £148,578 |
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 | 54.497 % | £72,208 | £204,708 |
| 3 Month Average | 88.778 % | £117,630 | £250,130 |
| 6 Month Average | 13.965 % | £18,503 | £151,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £192,000 | £192,000 | FLAT 3 16 LOWTHER ROAD |
| 11 Sep 2023 | £204,508 | £200,000 | 7 GILBERT COURT, 20 - 22 LOWTHER ROAD |
| 29 Aug 2023 | £356,429 | £350,000 | 59 STEWART ROAD |
| 25 Aug 2023 | £239,316 | £235,000 | 47 STEWART ROAD |
| 20 Feb 2023 | £226,513 | £225,000 | 10 GILBERT COURT, 20 - 22 LOWTHER ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 9 Jun 2018. Using an estimated price of £148,579 means this house is valued at £3,809 per sq meter (£353 per sq foot).
The average size of a house on LOWTHER ROAD is 147 sq meters (1,592 sq feet).