£564,427
This estimated value is based upon the latest sale price for the house of £375,000 on 30 Sep 2014. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £375,000 | 30 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 September 2014 the House Price Index for BOURNEMOUTH was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £375,000 results in an estimated price of approximately £564,427.
| 30 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £375,000 | £189,427 | £564,427 |
The Postcode Pricing Model uses changes in average sales price within the BH7 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 | 54.823 % | £205,585 | £580,585 |
| 3 Month Average | 71.334 % | £267,500 | £642,500 |
| 6 Month Average | 33.901 % | £127,127 | £502,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £447,890 | £450,000 | 6 SPRINGBANK ROAD |
| 24 Feb 2022 | £802,251 | £765,000 | 1 ELMGATE DRIVE |
| 28 Jun 2021 | £477,451 | £445,000 | 6 COUNTESS GARDENS |
| 30 Oct 2020 | £480,964 | £410,000 | 6 REGENT DRIVE |
| 28 Oct 2020 | £586,542 | £500,000 | 51 SPRINGBANK ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 2 Oct 2012. Using an estimated price of £564,427 means this house is valued at £5,039 per sq meter (£468 per sq foot).
The average size of a house on SPRINGBANK ROAD is 129 sq meters (1,395 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springbank Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Countess Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Countess Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Harewood Crescent |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Harewood Crescent |