£233,661
This estimated value is based upon the latest sale price for the house of £177,500 on 12 Jan 2017. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £177,500 | 12 Jan 2017 |
| £157,000 | 27 Aug 2010 |
| £155,000 | 10 Feb 2006 |
| £145,000 | 1 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2017 the House Price Index for DORSET was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £177,500 results in an estimated price of approximately £233,661.
| 12 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £177,500 | £56,161 | £233,661 |
The Postcode Pricing Model uses changes in average sales price within the SP8 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 | 62.802 % | £111,474 | £288,974 |
| 3 Month Average | 19.495 % | £34,604 | £212,104 |
| 6 Month Average | 18.095 % | £32,119 | £209,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £168,031 | £165,000 | 41A PALACE ROAD |
| 28 Feb 2023 | £15,101 | £15,000 | GARAGE ON THE NORTH EAST SIDE OF 19 PALACE ROAD |
| 31 Jan 2023 | £290,777 | £290,000 | 25 PALACE ROAD |
| 30 Jan 2023 | £300,804 | £300,000 | 22 PALACE ROAD |
| 6 Sep 2022 | £262,325 | £262,500 | 3 LODDEN |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 2 Sep 2020. Using an estimated price of £233,661 means this house is valued at £3,594 per sq meter (£333 per sq foot).
The average size of a house on QUEEN ELEANOR ROAD is 94 sq meters (1,013 sq feet).