£215,876
This estimated value is based upon the latest sale price for the house of £175,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
There has been one burglary within the last year on or near Grand Avenue
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| Price Paid | Date |
|---|---|
| £175,000 | 7 Dec 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 December 2018 the House Price Index for BOURNEMOUTH was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £175,000 results in an estimated price of approximately £215,876.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £175,000 | £40,876 | £215,876 |
The Postcode Pricing Model uses changes in average sales price within the BH6 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 | -10.323 % | £-18,064 | £156,935 |
| 3 Month Average | 8.104 % | £14,182 | £189,182 |
| 6 Month Average | 21.677 % | £37,935 | £212,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £356,233 | £350,000 | 24B SOUTHERN ROAD |
| 3 Nov 2023 | £436,462 | £430,000 | NYMARK 2 OCEAN BLUE, 72 SEAWARD AVENUE |
| 31 Aug 2023 | £100,883 | £100,000 | FLAT 4 41 GRAND AVENUE |
| 28 Apr 2023 | £323,483 | £320,000 | 58 SEAWARD AVENUE |
| 27 Apr 2023 | £1,228,225 | £1,215,000 | 29 GRAND AVENUE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 2 Jul 2018. Using an estimated price of £215,876 means this house is valued at £5,265 per sq meter (£489 per sq foot).
The average size of a house on SOUTHERN ROAD is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grand Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bracken Road |
| Mar 2024 | Anti-social behaviour | On or near Seaward Avenue |