£210,776
This estimated value is based upon the latest sale price for the house of £175,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £175,000 | 27 Mar 2020 |
| £155,000 | 22 Jan 2016 |
| £155,000 | 6 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 March 2020 the House Price Index for BOURNEMOUTH was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £175,000 results in an estimated price of approximately £210,776.
| 27 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £175,000 | £35,776 | £210,776 |
The Postcode Pricing Model uses changes in average sales price within the BH5 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 | -24.919 % | £-43,607 | £131,392 |
| 3 Month Average | -10.996 % | £-19,242 | £155,757 |
| 6 Month Average | 7.845 % | £13,729 | £188,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £201,765 | £200,000 | FLAT 3 ABINGDON HOUSE, 26 FLORENCE ROAD |
| 28 Jun 2023 | £161,962 | £160,000 | FLAT 1 REEFSIDE, 7 FLORENCE ROAD |
| 7 Oct 2022 | £233,486 | £236,000 | 1 CAMBRIDGE HOUSE, 5 FLORENCE ROAD |
| 13 Apr 2022 | £118,427 | £115,000 | FLAT D CLAREMONT HOUSE, 28 FLORENCE ROAD |
| 8 Apr 2022 | £231,705 | £225,000 | FLAT 9 SANTANA, 11 FLORENCE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 31 Jul 2012. Using an estimated price of £210,776 means this house is valued at £2,927 per sq meter (£271 per sq foot).
The average size of a house on FLORENCE ROAD is 53 sq meters (576 sq feet).