£1,362,496
This estimated value is based upon the latest sale price for the house of £875,000 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for DORSET 1
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Price Paid | Date |
---|---|
£875,000 | 17 Apr 2014 |
£795,000 | 10 Dec 2004 |
Detached |
Freehold |
Floor Area: 200 sq meters or 2,152 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 April 2014 the House Price Index for DORSET was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £875,000 results in an estimated price of approximately £1,362,496.
17 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £875,000 | £487,496 | £1,362,496 |
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 | 32.748 % | £286,543 | £1,161,543 |
3 Month Average | 49.487 % | £433,014 | £1,308,014 |
6 Month Average | 56.866 % | £497,577 | £1,372,577 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £582,844 | £575,000 | 29 BURE LANE |
21 Jul 2023 | £729,823 | £720,000 | 10 WREN CLOSE |
11 Jul 2023 | £506,821 | £500,000 | 37 BURE LANE |
28 Jun 2023 | £804,748 | £795,000 | 8 AVON RUN CLOSE |
20 Mar 2023 | £479,518 | £475,000 | APARTMENT 4 GUNDIMORE LODGE, 167 MUDEFORD |
This house has a floor area of 200 sq meters or 2,152 sq feet when measured on 7 Feb 2014. Using an estimated price of £1,362,497 means this house is valued at £6,812 per sq meter (£632 per sq foot).
The average size of a house on CAPESTHORNE is 274 sq meters (2,958 sq feet).
This house is the largest in the street with a floor area of 200 sq meters (2,152 sq feet).