£203,246
This estimated value is based upon the latest sale price for the house of £155,000 on 5 Dec 2016. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£155,000 | 5 Dec 2016 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 December 2016 the House Price Index for DORSET was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £155,000 results in an estimated price of approximately £203,246.
5 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £155,000 | £48,246 | £203,246 |
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 | 20.869 % | £32,347 | £187,347 |
3 Month Average | 28.233 % | £43,761 | £198,761 |
6 Month Average | 29.652 % | £45,961 | £200,961 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £278,000 | £278,000 | 24 SPINNAKER VIEW, 2 WESTON ROAD |
22 Sep 2023 | £240,070 | £237,000 | 2 GARIBALDI ROW |
25 Aug 2023 | £287,515 | £285,000 | 26 SPINNAKER VIEW, 2 WESTON ROAD |
31 Jul 2023 | £193,606 | £191,000 | 7 GARIBALDI ROW |
6 Apr 2023 | £166,290 | £164,500 | 8 WESTON ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 30 Sep 2016. Using an estimated price of £203,246 means this house is valued at £3,763 per sq meter (£349 per sq foot).
The average size of a house on WESTON ROAD is 83 sq meters (903 sq feet).