£323,831
This estimated value is based upon the latest sale price for the house of £312,500 on 16 Mar 2022. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £312,500 | 16 Mar 2022 |
| £125,000 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2022 the House Price Index for BOURNEMOUTH was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £312,500 results in an estimated price of approximately £323,831.
| 16 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £312,500 | £11,331 | £323,831 |
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 | -8.451 % | £-26,410 | £286,089 |
| 3 Month Average | 6.789 % | £21,215 | £333,715 |
| 6 Month Average | 4.663 % | £14,570 | £327,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £390,786 | £385,000 | 38A RIPON ROAD |
| 22 Jun 2023 | £325,948 | £322,000 | 101 PORTLAND ROAD |
| 20 Jan 2023 | £527,515 | £530,000 | 18A RIPON ROAD |
| 20 Jan 2023 | £527,515 | £530,000 | 20 RIPON ROAD |
| 6 Jul 2022 | £436,174 | £435,000 | 94 PORTLAND ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 13 May 2019. Using an estimated price of £323,832 means this house is valued at £3,558 per sq meter (£330 per sq foot).
The average size of a house on RIPON ROAD is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ripon Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ripon Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ripon Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Road |