£295,529
This estimated value is based upon the latest sale price for the house of £59,950 on 24 Sep 1997. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £59,950 | 24 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 September 1997 the House Price Index for BOURNEMOUTH was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £59,950 results in an estimated price of approximately £295,529.
| 24 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £59,950 | £235,579 | £295,529 |
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 | 93.901 % | £56,293 | £116,243 |
| 3 Month Average | 87.742 % | £52,601 | £112,551 |
| 6 Month Average | 484.489 % | £290,451 | £350,401 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 29 May 2019.
The average size of a house on BELVEDERE ROAD is 99 sq meters (1,065 sq feet).