£120,767
This estimated value is based upon the latest sale price for the house of £88,000 on 20 Jan 2016. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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| Price Paid | Date |
|---|---|
| £88,000 | 20 Jan 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 January 2016 the House Price Index for BOURNEMOUTH was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £88,000 results in an estimated price of approximately £120,767.
| 20 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £88,000 | £32,767 | £120,767 |
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 | 39.191 % | £34,487 | £122,487 |
| 3 Month Average | 21.185 % | £18,642 | £106,642 |
| 6 Month Average | 27.763 % | £24,431 | £112,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £157,329 | £155,000 | FLAT 7 9 - 11 THE CRESCENT |
| 25 Aug 2023 | £221,942 | £220,000 | 30A GROSVENOR GARDENS |
| 13 Feb 2023 | £169,886 | £170,000 | FLAT 2 21 THE CRESCENT |
| 14 Jan 2023 | £547,421 | £550,000 | FLAT 2 5 THE CRESCENT |
| 24 Jun 2022 | £126,741 | £124,950 | FLAT 6 QUINTON HOUSE, 19 THE CRESCENT |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 28 May 2016. Using an estimated price of £120,767 means this house is valued at £2,744 per sq meter (£254 per sq foot).
The average size of a house on GROSVENOR GARDENS is 119 sq meters (1,283 sq feet).