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|£145,000||20 Oct 1995|
This model uses changes in the Official Land Registry House Price Index for DORSET to estimate the market value.
When this house was purchased in October 1995 the House Price Index for DORSET was 25.1.The House Price Index as of 1 Dec 2019 is 121.5 which is a change of 384.157%.
Applying this 384.157% change to the original purchase price of £145,000 gives us an estimated price now of around £702,027.
|20 Oct 1995||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the BH20 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||408.241 %||£591,949||£736,949|
|3 Month Average||241.014 %||£349,469||£494,469|
|6 Month Average||261.278 %||£378,853||£523,853|
|Date||Current Estimated Value||Price Paid||Address|
|18 Dec 2019||£276,000||£276,000||54 SPRING STREET|
|13 Jun 2019||£705,264||£675,000||59 CHURCH LANE|
|17 Apr 2019||£490,088||£475,000||THE NOOK QUARR HILL|
|28 Feb 2019||£260,387||£252,500||17 JEREMY CLOSE|
|18 Feb 2019||£319,683||£310,000||OLD BARN SPRING STREET|