£292,253
This estimated value is based upon the latest sale price for the house of £206,000 on 16 Sep 2015. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £206,000 | 16 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2015 the House Price Index for DORSET was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £206,000 results in an estimated price of approximately £292,253.
| 16 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £206,000 | £86,253 | £292,253 |
The Postcode Pricing Model uses changes in average sales price within the DT6 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 | 25.228 % | £51,969 | £257,969 |
| 3 Month Average | 27.827 % | £57,324 | £263,324 |
| 6 Month Average | 37.527 % | £77,305 | £283,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £506,476 | £500,000 | 113 VICTORIA GROVE |
| 21 Jul 2023 | £471,344 | £465,000 | 9 NORTH GROVE ROAD |
| 9 Mar 2023 | £466,899 | £462,500 | 143 VICTORIA GROVE |
| 27 Jan 2023 | £348,359 | £350,000 | 1 PEARWOOD COTTAGES NORTH MILLS |
| 7 Nov 2022 | £261,828 | £265,000 | 4 NORTH MILLS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Nov 2013. Using an estimated price of £292,253 means this house is valued at £3,438 per sq meter (£319 per sq foot).
The average size of a house on NORTH MILLS is 105 sq meters (1,132 sq feet).