This estimated value is based upon the latest sale price for the house of £625,000 on 5 Feb 1999. This value is then adjusted by the current Official House Price Index for POOLE1
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|£625,000||5 Feb 1999|
|£227,500||17 Oct 1996|
|£172,500||17 Jul 1996|
This model uses changes in the Official Land Registry House Price Index for POOLE to estimate the market value.
When this house was purchased in February 1999 the House Price Index for POOLE was 31.4.The House Price Index as of 1 Jun 2019 is 117.5 which is a change of 273.867%.
Applying this 273.867% change to the original purchase price of £625,000 gives us an estimated price now of around £2,336,665.
|5 Feb 1999||1 Jun 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the BH13 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||168.015 %||£1,050,096||£1,675,096|
|3 Month Average||210.008 %||£1,312,547||£1,937,547|
|6 Month Average||202.839 %||£1,267,743||£1,892,743|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In February 1999 the average sale price for the 50 nearest sales within three miles of 47 CHADDESLEY GLEN was £158,449.
In October 2019 the average sale price for the 50 nearest sales was £404,972. This is a change of 155.585%.
So taking the original purchase price of £625,000 and adjusting it by 155.585% gives an estimated price of £1,597,408.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 5 Feb 1999||Average price on 31 Oct 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|3 Jan 2019||£1,511,360||£1,550,000||32 CHADDESLEY GLEN|
|23 Nov 2018||£751,789||£780,000||FLAT 2 CORFU, 14 CHADDESLEY GLEN|
|22 Nov 2018||£740,223||£768,000||FLAT 7 WYKEHAM LODGE, 16 CHADDESLEY GLEN|
|16 May 2018||£735,427||£750,000||3 CHADDESLEY WOOD ROAD|
|20 Apr 2018||£1,121,467||£1,130,000||FLAT 6 LITTLE FOSTERS, 25 CHADDESLEY GLEN|