£173,397
This estimated value is based upon the latest sale price for the house of £110,000 on 6 Jul 2007. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £110,000 | 6 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 July 2007 the House Price Index for BOURNEMOUTH was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £110,000 results in an estimated price of approximately £173,397.
| 6 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £110,000 | £63,397 | £173,397 |
The Postcode Pricing Model uses changes in average sales price within the BH5 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 | 10.850 % | £11,934 | £121,934 |
| 3 Month Average | 1.340 % | £1,474 | £111,474 |
| 6 Month Average | 12.169 % | £13,385 | £123,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £743,000 | £730,000 | 8 WESTBY ROAD |
| 27 Mar 2023 | £464,375 | £460,000 | FLAT 2 31 WESTBY ROAD |
| 20 Feb 2023 | £236,841 | £237,000 | FLAT 3 28 WESTBY ROAD |
| 27 Jan 2023 | £140,837 | £141,500 | FLAT 7 28 WESTBY ROAD |
| 29 Jun 2022 | £154,179 | £152,000 | FLAT 4 23 WESTBY ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 30 Oct 2017. Using an estimated price of £173,397 means this house is valued at £4,563 per sq meter (£423 per sq foot).
The average size of a house on WESTBY ROAD is 60 sq meters (649 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |