£2,020,711
This estimated value is based upon the latest sale price for the house of £1,950,000 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£1,950,000 | 18 Mar 2022 |
£940,000 | 2 Jun 2017 |
£610,000 | 5 Jul 2010 |
Detached |
Freehold |
Floor Area: 273 sq meters or 2,938 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 March 2022 the House Price Index for DORSET was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £1,950,000 results in an estimated price of approximately £2,020,711.
18 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £1,950,000 | £70,711 | £2,020,711 |
The Postcode Pricing Model uses changes in average sales price within the BH23 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 | 1.160 % | £22,610 | £1,972,610 |
3 Month Average | -6.848 % | £-133,544 | £1,816,455 |
6 Month Average | 9.846 % | £191,997 | £2,141,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £907,943 | £900,000 | 1 ISLAND VIEW AVENUE |
31 Jul 2023 | £582,844 | £575,000 | 29 BURE LANE |
11 Jul 2023 | £506,821 | £500,000 | 37 BURE LANE |
28 Jun 2023 | £804,748 | £795,000 | 8 AVON RUN CLOSE |
11 Nov 2022 | £464,375 | £470,000 | 38 BURE LANE |
This house has a floor area of 273 sq meters or 2,938 sq feet when measured on 18 Dec 2018. Using an estimated price of £2,020,711 means this house is valued at £7,401 per sq meter (£687 per sq foot).
The average size of a house on AVON RUN CLOSE is 224 sq meters (2,411 sq feet).
This house is the largest in the street with a floor area of 273 sq meters (2,938 sq feet).