£426,147
This estimated value is based upon the latest sale price for the house of £425,000 on 22 Jul 2022. This value is then adjusted by the current Official House Price Index for DORSET 1
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| Price Paid | Date |
|---|---|
| £425,000 | 22 Jul 2022 |
| £347,500 | 31 Jul 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 July 2022 the House Price Index for DORSET was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £425,000 results in an estimated price of approximately £426,147.
| 22 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £425,000 | £1,147 | £426,147 |
The Postcode Pricing Model uses changes in average sales price within the BH22 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 | -41.606 % | £-176,826 | £248,173 |
| 3 Month Average | -28.115 % | £-119,489 | £305,510 |
| 6 Month Average | -5.245 % | £-22,290 | £402,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £67,500 | £67,500 | 19 CHERRETT COURT, 557 RINGWOOD ROAD |
| 20 Dec 2023 | £89,058 | £87,500 | 27 CHERRETT COURT, 557 RINGWOOD ROAD |
| 8 Dec 2023 | £137,404 | £135,000 | 3 CHERRETT COURT, 557 RINGWOOD ROAD |
| 16 Jun 2023 | £70,858 | £70,000 | FLAT 103 HOMELANDS HOUSE, 535 RINGWOOD ROAD |
| 23 Mar 2023 | £111,046 | £110,000 | 9 CHERRETT COURT, 557 RINGWOOD ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 28 Jan 2015. Using an estimated price of £426,147 means this house is valued at £4,439 per sq meter (£412 per sq foot).
The average size of a house on CARROLL AVENUE is 161 sq meters (1,738 sq feet).