£366,104
This estimated value is based upon the latest sale price for the house of £249,560 on 19 Jan 2015. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £249,560 | 19 Jan 2015 |
| £232,000 | 9 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 142 sq meters or 1,529 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 January 2015 the House Price Index for BOURNEMOUTH was 100.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 46.700%.Applying this 46.700% change to the original purchase price of £249,560 results in an estimated price of approximately £366,104.
| 19 Jan 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 146.7 | 46.700 % | £249,560 | £116,544 | £366,104 |
The Postcode Pricing Model uses changes in average sales price within the BH1 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 | 85.552 % | £213,502 | £463,062 |
| 3 Month Average | 18.833 % | £47,000 | £296,560 |
| 6 Month Average | 37.312 % | £93,115 | £342,675 |
This house has a floor area of 142 sq meters or 1,529 sq feet when measured on 28 Oct 2008.
The average size of a house on MADEIRA ROAD is 61 sq meters (659 sq feet).
This house is the largest in the street with a floor area of 142 sq meters (1,529 sq feet).