£545,163
This estimated value is based upon the latest sale price for the house of £475,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE 1
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| Price Paid | Date |
|---|---|
| £475,000 | 18 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,905 sq feet |
This model uses changes in the Official Land Registry House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE to estimate the market value.
When this house was purchased in December 2020 the House Price Index for BOURNEMOUTH, CHRISTCHURCH AND POOLE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £475,000 results in an estimated price of approximately £545,163.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £475,000 | £70,163 | £545,163 |
The Postcode Pricing Model uses changes in average sales price within the BH18 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 | 31.655 % | £150,360 | £625,360 |
| 3 Month Average | 21.066 % | £100,062 | £575,062 |
| 6 Month Average | 16.252 % | £77,198 | £552,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £582,447 | £575,000 | 16 TWIN OAKS CLOSE |
| 27 Sep 2023 | £430,504 | £425,000 | 65 TWIN OAKS CLOSE |
| 6 Jun 2023 | £336,071 | £332,000 | 11 HILLBOURNE ROAD |
| 2 Sep 2022 | £466,235 | £470,000 | 137 TWIN OAKS CLOSE |
| 8 Apr 2022 | £482,976 | £469,000 | 45 HILLBOURNE ROAD |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 19 Feb 2020. Using an estimated price of £545,164 means this house is valued at £3,080 per sq meter (£286 per sq foot).
The average size of a house on TWIN OAKS CLOSE is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Twin Oaks Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Twin Oaks Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hillbourne Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Edwina Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edwina Drive |