£661,186
This estimated value is based upon the latest sale price for the house of £450,000 on 17 Apr 2015. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £450,000 | 17 Apr 2015 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 April 2015 the House Price Index for DORSET was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £450,000 results in an estimated price of approximately £661,186.
| 17 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £450,000 | £211,186 | £661,186 |
The Postcode Pricing Model uses changes in average sales price within the BH31 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 | 67.399 % | £303,296 | £753,296 |
| 3 Month Average | 54.704 % | £246,167 | £696,167 |
| 6 Month Average | 46.616 % | £209,773 | £659,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £395,321 | £390,000 | 59 MEADOW WAY |
| 24 Jul 2023 | £491,617 | £485,000 | 61 LAKE ROAD |
| 25 Apr 2023 | £419,517 | £415,000 | 12 PINE WALK |
| 25 Nov 2022 | £879,348 | £890,000 | 1 HOLLYBANK, 44 LAKE ROAD |
| 26 Aug 2022 | £648,255 | £650,000 | 42 LAKE ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 10 Oct 2014. Using an estimated price of £661,187 means this house is valued at £4,591 per sq meter (£426 per sq foot).
The average size of a house on LAKE ROAD is 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Owls Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Whitebeam Way |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Whitebeam Way |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Raymond Close |