£655,736
This estimated value is based upon the latest sale price for the house of £385,000 on 28 Sep 2006. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£385,000 | 28 Sep 2006 |
£350,000 | 15 Nov 2005 |
£265,000 | 29 Nov 2002 |
Detached |
Freehold |
Floor Area: 296 sq meters or 3,193 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 2006 the House Price Index for BOURNEMOUTH was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £385,000 results in an estimated price of approximately £655,736.
28 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 148.6 | 70.321 % | £385,000 | £270,736 | £655,736 |
The Postcode Pricing Model uses changes in average sales price within the BH3 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 | -22.963 % | £-88,409 | £296,590 |
3 Month Average | -35.993 % | £-138,574 | £246,425 |
6 Month Average | 96.177 % | £370,281 | £755,281 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £161,412 | £160,000 | 36A BELVEDERE ROAD |
13 Jan 2023 | £537,468 | £540,000 | 9 BELVEDERE ROAD |
21 Jul 2022 | £521,404 | £520,000 | 15 GERALD ROAD |
6 May 2022 | £224,225 | £220,000 | LOWER FLAT 31 GERALD ROAD |
10 Dec 2021 | £503,547 | £470,000 | 27 BELVEDERE ROAD |
This house has a floor area of 296 sq meters or 3,193 sq feet when measured on 11 Nov 2009. Using an estimated price of £655,736 means this house is valued at £2,210 per sq meter (£205 per sq foot).
The average size of a house on BELVEDERE ROAD is 99 sq meters (1,065 sq feet).
This house is the largest in the street with a floor area of 296 sq meters (3,193 sq feet).