£474,327
This estimated value is based upon the latest sale price for the house of £375,000 on 20 Jun 2017. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £375,000 | 20 Jun 2017 |
| £206,000 | 17 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 500 sq meters or 5,381 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 June 2017 the House Price Index for BOURNEMOUTH was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £375,000 results in an estimated price of approximately £474,327.
| 20 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 146.7 | 26.487 % | £375,000 | £99,327 | £474,327 |
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 | 13.623 % | £51,085 | £426,085 |
| 3 Month Average | 37.205 % | £139,517 | £514,517 |
| 6 Month Average | 28.291 % | £106,090 | £481,090 |
This house has a floor area of 500 sq meters or 5,381 sq feet when measured on 15 Sep 2016.
The average size of a house on GRESHAM ROAD is 123 sq meters (1,334 sq feet).
This house is the largest in the street with a floor area of 500 sq meters (5,381 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Southill Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strouden Road |