£372,202
This estimated value is based upon the latest sale price for the house of £79,950 on 1 Sep 1998. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£79,950 | 1 Sep 1998 |
Terraced |
Freehold |
Floor Area: 145 sq meters or 1,560 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 September 1998 the House Price Index for BOURNEMOUTH was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £79,950 results in an estimated price of approximately £372,202.
1 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.9 | 148.6 | 365.544 % | £79,950 | £292,252 | £372,202 |
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 | 297.923 % | £238,189 | £318,139 |
3 Month Average | 284.531 % | £227,482 | £307,432 |
6 Month Average | 294.976 % | £235,833 | £315,783 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £179,571 | £178,000 | 51 GRANTS AVENUE |
11 Aug 2023 | £464,060 | £460,000 | 19 BUCHANAN AVENUE |
28 Apr 2023 | £477,582 | £472,440 | 50 GRANTS AVENUE |
20 Oct 2022 | £163,242 | £165,000 | 165A ASHLEY ROAD |
27 Jun 2022 | £431,092 | £425,000 | 34 GRANTS AVENUE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 14 Nov 2014. Using an estimated price of £372,203 means this house is valued at £2,566 per sq meter (£238 per sq foot).
The average size of a house on ASHLEY ROAD is 66 sq meters (717 sq feet).