£189,306
This estimated value is based upon the latest sale price for the house of £34,500 on 23 Oct 1996. This value is then adjusted by the current Official House Price Index for DORSET 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £34,500 | 23 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 October 1996 the House Price Index for DORSET was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £34,500 results in an estimated price of approximately £189,306.
| 23 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £34,500 | £154,806 | £189,306 |
The Postcode Pricing Model uses changes in average sales price within the BH22 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 | 219.881 % | £75,858 | £110,358 |
| 3 Month Average | 343.856 % | £118,630 | £153,130 |
| 6 Month Average | 380.497 % | £131,271 | £165,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £70,955 | £70,000 | FLAT 81 HOMELANDS HOUSE, 535 RINGWOOD ROAD |
| 1 Mar 2023 | £65,618 | £65,000 | FLAT 12 HOMELANDS HOUSE, 535 RINGWOOD ROAD |
| 11 Jan 2023 | £67,681 | £68,000 | FLAT 60 HOMELANDS HOUSE, 535 RINGWOOD ROAD |
| 2 Sep 2022 | £79,359 | £80,000 | FLAT 19 HOMELANDS HOUSE, 535 RINGWOOD ROAD |
| 31 Aug 2022 | £88,761 | £89,000 | FLAT 119 HOMELANDS HOUSE, 535 RINGWOOD ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 11 Sep 2020. Using an estimated price of £189,307 means this house is valued at £4,854 per sq meter (£450 per sq foot).
The average size of a house on RINGWOOD ROAD is 80 sq meters (868 sq feet).