£160,458
This estimated value is based upon the latest sale price for the house of £92,400 on 12 Jun 2006. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £92,400 | 12 Jun 2006 |
| £158,000 | 11 Jan 2006 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 63 sq meters or 678 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 June 2006 the House Price Index for BOURNEMOUTH was 85.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.656%.Applying this 73.656% change to the original purchase price of £92,400 results in an estimated price of approximately £160,458.
| 12 Jun 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 148.6 | 73.656 % | £92,400 | £68,058 | £160,458 |
The Postcode Pricing Model uses changes in average sales price within the BH2 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 | 32.069 % | £29,631 | £122,031 |
| 3 Month Average | 35.221 % | £32,544 | £124,944 |
| 6 Month Average | 25.378 % | £23,449 | £115,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £154,074 | £152,000 | FLAT 28 NORWICH MANSIONS NORWICH AVENUE WEST |
| 29 Jun 2023 | £174,109 | £172,000 | 49 KINGSWOOD PLACE, 55 - 59 NORWICH AVENUE WEST |
| 12 Jul 2022 | £235,634 | £235,000 | FLAT 2 52 NORWICH AVENUE WEST |
| 30 Jun 2022 | £202,867 | £200,000 | FLAT 4 NORWICH MANSIONS NORWICH AVENUE WEST |
| 16 Jun 2022 | £202,867 | £200,000 | FLAT 23 NORWICH MANSIONS NORWICH AVENUE WEST |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 26 Sep 2018. Using an estimated price of £160,458 means this house is valued at £2,546 per sq meter (£236 per sq foot).
The average size of a house on NORWICH AVENUE WEST is 55 sq meters (598 sq feet).