£165,445
This estimated value is based upon the latest sale price for the house of £165,000 on 29 Jul 2022. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £165,000 | 29 Jul 2022 |
| £101,500 | 28 Aug 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 3 sq meters or 32 sq feet |
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 July 2022 the House Price Index for DORSET was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £165,000 results in an estimated price of approximately £165,445.
| 29 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £165,000 | £445 | £165,445 |
The Postcode Pricing Model uses changes in average sales price within the DT4 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 | -1.890 % | £-3,118 | £161,881 |
| 3 Month Average | 4.675 % | £7,713 | £172,713 |
| 6 Month Average | 7.025 % | £11,591 | £176,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £210,000 | £210,000 | 3A ALBERT STREET |
| 4 Dec 2023 | £254,452 | £250,000 | 6 ALBERT STREET |
| 17 Mar 2023 | £146,379 | £145,000 | 58 PARK STREET |
| 1 Mar 2023 | £186,760 | £185,000 | 17 TURTON STREET |
| 13 Feb 2023 | £187,374 | £187,500 | FLAT 2 JUBILEE VIEW, 1 KING STREET |
This house has a floor area of 3 sq meters or 32 sq feet when measured on 24 Apr 2020. Using an estimated price of £165,445 means this house is valued at £55,148 per sq meter (£5,123 per sq foot).
The average size of a house on PARK STREET is 60 sq meters (651 sq feet).
This house is the smallest in the street with a floor area of 3 sq meters (32 sq feet).