£420,602
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Aug 2016. This value is then adjusted by the current Official House Price Index for POOLE 1
There has been one burglary within the last year on or near Merley Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £320,000 | 1 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 sq feet |
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 August 2016 the House Price Index for POOLE was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.438%.Applying this 31.438% change to the original purchase price of £320,000 results in an estimated price of approximately £420,602.
| 1 Aug 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.438 % | £320,000 | £100,602 | £420,602 |
The Postcode Pricing Model uses changes in average sales price within the BH21 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 | 7.034 % | £22,509 | £342,509 |
| 3 Month Average | 16.338 % | £52,281 | £372,281 |
| 6 Month Average | 24.362 % | £77,956 | £397,956 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 1 Dec 2014.
The average size of a house on MERLEY LANE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Merley Gardens |
| Mar 2024 | Other theft | Under investigation | On or near Harrier Drive |
| Mar 2024 | Other theft | Under investigation | On or near Silverwood Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Oakley Hill |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Oakley Hill |