£133,873
This estimated value is based upon the latest sale price for the house of £120,000 on 26 Aug 2021. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £120,000 | 26 Aug 2021 |
| £97,500 | 3 Nov 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 August 2021 the House Price Index for BOURNEMOUTH was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £120,000 results in an estimated price of approximately £133,873.
| 26 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £120,000 | £13,873 | £133,873 |
The Postcode Pricing Model uses changes in average sales price within the BH5 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 | 47.900 % | £57,480 | £177,480 |
| 3 Month Average | -2.490 % | £-2,987 | £117,012 |
| 6 Month Average | 1.356 % | £1,627 | £121,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £250,000 | £250,000 | 547A CHRISTCHURCH ROAD |
| 30 Nov 2023 | £228,381 | £225,000 | 10 SEA ROAD |
| 14 Nov 2023 | £131,954 | £130,000 | FLAT 1A 16 SEA ROAD |
| 16 Aug 2023 | £363,177 | £360,000 | 567 CHRISTCHURCH ROAD |
| 17 Jul 2023 | £111,501 | £110,000 | FLAT 5 JACKSON HOUSE, 1 HAWKWOOD ROAD |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 1 Oct 2015. Using an estimated price of £133,874 means this house is valued at £3,937 per sq meter (£365 per sq foot).
The average size of a house on SEA ROAD is 55 sq meters (597 sq feet).