£718,281
This estimated value is based upon the latest sale price for the house of £440,000 on 29 Aug 2013. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £440,000 | 29 Aug 2013 |
| £343,500 | 2 Jun 2004 |
| £107,000 | 1 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 2013 the House Price Index for BOURNEMOUTH was 89.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.246%.Applying this 63.246% change to the original purchase price of £440,000 results in an estimated price of approximately £718,281.
| 29 Aug 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 146.7 | 63.246 % | £440,000 | £278,281 | £718,281 |
The Postcode Pricing Model uses changes in average sales price within the BH8 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 | 39.739 % | £174,853 | £614,853 |
| 3 Month Average | 52.719 % | £231,964 | £671,964 |
| 6 Month Average | 59.805 % | £263,141 | £703,141 |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 25 Jun 2014.
The average size of a house on RICHMOND WOOD ROAD is 116 sq meters (1,252 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Richmond Park Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Richmond Park Road |
| Mar 2024 | Other theft | Under investigation | On or near Richmond Park Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near Richmond Park Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Park Road |