£433,161
This estimated value is based upon the latest sale price for the house of £425,000 on 30 May 2022. This value is then adjusted by the current Official House Price Index for BOURNEMOUTH 1
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Price Paid | Date |
---|---|
£425,000 | 30 May 2022 |
£242,000 | 30 Aug 2013 |
£225,000 | 21 Apr 2011 |
£80,000 | 2 Jun 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 May 2022 the House Price Index for BOURNEMOUTH was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £425,000 results in an estimated price of approximately £433,161.
30 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £425,000 | £8,161 | £433,161 |
The Postcode Pricing Model uses changes in average sales price within the BH11 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 | 9.664 % | £41,070 | £466,070 |
3 Month Average | 19.606 % | £83,326 | £508,326 |
6 Month Average | 9.809 % | £41,688 | £466,688 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £161,962 | £160,000 | 41B CANFORD ROAD |
22 Mar 2023 | £147,389 | £146,000 | 40 CANFORD ROAD |
23 Jun 2022 | £375,304 | £370,000 | 22 CANFORD ROAD |
30 May 2022 | £433,162 | £425,000 | PEBBLES, 15B CANFORD AVENUE |
30 May 2022 | £458,642 | £450,000 | 15C CANFORD AVENUE |