£466,358
This estimated value is based upon the latest sale price for the house of £377,500 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £377,500 | 8 Mar 2019 |
| £247,500 | 5 Aug 2005 |
| £69,000 | 28 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 March 2019 the House Price Index for BOURNEMOUTH was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £377,500 results in an estimated price of approximately £466,358.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £377,500 | £88,858 | £466,358 |
The Postcode Pricing Model uses changes in average sales price within the BH9 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 | 20.516 % | £77,446 | £454,946 |
| 3 Month Average | 18.157 % | £68,542 | £446,042 |
| 6 Month Average | 18.453 % | £69,661 | £447,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £476,087 | £470,000 | 41 GRESHAM ROAD |
| 6 Apr 2023 | £210,264 | £208,000 | FLAT 3 GRESHAM POINT, 46 - 48 CHARMINSTER AVENUE |
| 10 Feb 2023 | £339,771 | £340,000 | 40 SOUTHILL ROAD |
| 8 Mar 2022 | £352,329 | £340,000 | 44 SOUTHILL ROAD |
| 11 Feb 2022 | £445,695 | £425,000 | 57 STROUDEN ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 2 Aug 2012. Using an estimated price of £466,359 means this house is valued at £3,791 per sq meter (£352 per sq foot).
The average size of a house on GRESHAM ROAD is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Southill Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Southill Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Southill Gardens | |
| Dec 2023 | Drugs | Local resolution | On or near Southill Gardens |
| Dec 2023 | Anti-social behaviour | On or near Southill Gardens |