£313,707
This estimated value is based upon the latest sale price for the house of £199,950 on 24 Aug 2007. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £199,950 | 24 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2007 the House Price Index for BOURNEMOUTH was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £199,950 results in an estimated price of approximately £313,707.
| 24 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £199,950 | £113,757 | £313,707 |
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 | 58.871 % | £117,712 | £317,662 |
| 3 Month Average | 54.762 % | £109,495 | £309,445 |
| 6 Month Average | 52.405 % | £104,783 | £304,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £192,461 | £190,000 | FLAT 24 TALBOT COURT, 640 WIMBORNE ROAD |
| 30 Nov 2022 | £202,547 | £205,000 | FLAT 19 TALBOT COURT, 640 WIMBORNE ROAD |
| 7 Oct 2022 | £151,370 | £153,000 | FLAT 2 541 WIMBORNE ROAD |
| 22 Jul 2022 | £379,020 | £378,000 | 6 IRIS ROAD |
| 17 Jun 2022 | £147,079 | £145,000 | FLAT 5 570 WIMBORNE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Mar 2010. Using an estimated price of £313,708 means this house is valued at £5,142 per sq meter (£477 per sq foot).
The average size of a house on MELGATE CLOSE is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melgate Close |
| Mar 2024 | Robbery | Under investigation | On or near Smithfield Place |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Smithfield Place |
| Mar 2024 | Anti-social behaviour | On or near Library Road | |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Library Road |