Full Address

22 WORGRET ROAD
WAREHAM
DORSET
UNITED KINGDOM
BH20 4PN

Estimated Market Value

£910,469

This estimated value is based upon the latest sale price for the house of £785,000 on 15 Oct 2014. This value is then adjusted by the current Official House Price Index for DORSET1

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Map

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Transactions for this house
Price PaidDate
£785,00015 Oct 2014
£725,00012 Aug 2011
£315,00029 Nov 1999
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 October 2014 the House Price Index for DORSET was 101.3.

The House Price Index as of 1 Jun 2019 is 117.5 which is a change of 15.983%.

Applying this 15.983% change to the original purchase price of £785,000 gives us an estimated price now of around £910,468.

15 Oct 2014 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
101.3 117.5 15.983 % £785,000 £125,468 £910,468

The Postcode Pricing Model uses changes in average sales price within the BH20 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 68.720 % £539,453 £1,324,453
3 Month Average 17.441 % £136,910 £921,910
6 Month Average 15.028 % £117,966 £902,966

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In October 2014 the average sale price for the 50 nearest sales within nine miles of 22 WORGRET ROAD was £224,657.

In October 2019 the average sale price for the 10 nearest sales was £287,948. This is a change of 28.173%.

So taking the original purchase price of £785,000 and adjusting it by 28.173% gives an estimated price of £1,006,155.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 15 Oct 2014 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£224,657 £287,948 28.173 % £785,000 £221,155 £1,006,155
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
26 Jul 2019 £452,000 £452,000 43 STOWELL CRESCENT
25 Apr 2019 £689,250 £690,000 8 WORGRET GARDENS
10 Dec 2018 £419,763 £420,000 4 HARDY ROAD
7 Dec 2018 £585,670 £586,000 7 WORGRET GARDENS
19 Oct 2018 £767,032 £775,000 30 WORGRET ROAD

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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