£370,856
This estimated value is based upon the latest sale price for the house of £295,000 on 13 Dec 2017. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £295,000 | 13 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2017 the House Price Index for BOURNEMOUTH was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £295,000 results in an estimated price of approximately £370,856.
| 13 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £295,000 | £75,856 | £370,856 |
The Postcode Pricing Model uses changes in average sales price within the BH10 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 | 5.073 % | £14,966 | £309,966 |
| 3 Month Average | 17.393 % | £51,309 | £346,309 |
| 6 Month Average | 21.406 % | £63,146 | £358,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £149,899 | £150,000 | 1B ASHRIDGE PARADE WIMBORNE ROAD |
| 7 Oct 2022 | £252,284 | £255,000 | 34 KEEBLE ROAD |
| 19 Aug 2022 | £401,918 | £403,000 | 11 VERNALLS GARDENS |
| 8 Jul 2022 | £386,039 | £385,000 | 15 VERNALLS GARDENS |
| 5 Jan 2022 | £557,776 | £530,000 | 51 CEDAR AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 20 Apr 2017. Using an estimated price of £370,856 means this house is valued at £4,635 per sq meter (£430 per sq foot).
The average size of a house on CEDAR AVENUE is 113 sq meters (1,222 sq feet).