£342,924
This estimated value is based upon the latest sale price for the house of £270,000 on 10 Aug 2017. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £270,000 | 10 Aug 2017 |
| £128,500 | 5 Mar 2001 |
| £74,000 | 3 Feb 1998 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2017 the House Price Index for DORSET was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £270,000 results in an estimated price of approximately £342,924.
| 10 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £270,000 | £72,924 | £342,924 |
The Postcode Pricing Model uses changes in average sales price within the SP7 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 | -18.474 % | £-49,879 | £220,120 |
| 3 Month Average | 34.176 % | £92,274 | £362,274 |
| 6 Month Average | 35.954 % | £97,074 | £367,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £455,000 | £455,000 | 2 MAMPITTS ROAD |
| 9 Nov 2023 | £360,335 | £355,000 | 24 GOWER ROAD |
| 27 Mar 2023 | £494,660 | £490,000 | 18 TRINITY ROAD |
| 31 Mar 2022 | £202,071 | £195,000 | 5 POUND LANE |
| 24 Sep 2021 | £293,644 | £272,500 | 5 GOWER ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 16 Jul 2013. Using an estimated price of £342,924 means this house is valued at £4,182 per sq meter (£388 per sq foot).
The average size of a house on POUND LANE is 71 sq meters (769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mampitts Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Mampitts Road |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Melbury Way |