£1,388,924
This estimated value is based upon the latest sale price for the house of £845,000 on 1 Jul 2008. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £845,000 | 1 Jul 2008 |
| £272,500 | 1 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 354 sq meters or 3,810 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 2008 the House Price Index for BOURNEMOUTH was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £845,000 results in an estimated price of approximately £1,388,924.
| 1 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £845,000 | £543,924 | £1,388,924 |
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 | -34.914 % | £-295,026 | £549,973 |
| 3 Month Average | -42.560 % | £-359,635 | £485,364 |
| 6 Month Average | 100.067 % | £845,563 | £1,690,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £241,247 | £238,000 | FLAT 3 TALBOT PINES, 39 TALBOT AVENUE |
| 30 Jun 2023 | £245,473 | £242,500 | FLAT 11 THE MOORINGS, 40 TALBOT AVENUE |
| 10 Mar 2023 | £264,492 | £262,000 | FLAT 5 PINE HOUSE, 35 TALBOT AVENUE |
| 18 Jan 2023 | £1,642,264 | £1,650,000 | 89 GLENFERNESS AVENUE |
| 21 Sep 2022 | £312,477 | £315,000 | FLAT 1 OAKWOOD, 2 ROSLIN ROAD SOUTH |
This house has a floor area of 354 sq meters or 3,810 sq feet when measured on 21 May 2014. Using an estimated price of £1,388,925 means this house is valued at £3,923 per sq meter (£364 per sq foot).
The average size of a house on ELGIN ROAD is 250 sq meters (2,693 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cawdor Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alford Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Alford Road |
| Jan 2024 | Anti-social behaviour | On or near Alford Road | |
| Jan 2024 | Anti-social behaviour | On or near Alford Road |