£334,478
This estimated value is based upon the latest sale price for the house of £59,950 on 26 Jan 1995. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £59,950 | 26 Jan 1995 |
| Detached |
| Freehold |
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 1995 the House Price Index for BOURNEMOUTH was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.929%.Applying this 457.929% change to the original purchase price of £59,950 results in an estimated price of approximately £334,478.
| 26 Jan 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 457.929 % | £59,950 | £274,528 | £334,478 |
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 | 410.644 % | £246,181 | £306,131 |
| 3 Month Average | 396.190 % | £237,515 | £297,465 |
| 6 Month Average | 430.467 % | £258,065 | £318,015 |
| 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 |