£280,404
This estimated value is based upon the latest sale price for the house of £227,500 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £227,500 | 28 Feb 2020 |
| £152,000 | 10 Feb 2015 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTHAMPTON to estimate the market value.
When this house was purchased in February 2020 the House Price Index for SOUTHAMPTON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £227,500 results in an estimated price of approximately £280,404.
| 28 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £227,500 | £52,904 | £280,404 |
The Postcode Pricing Model uses changes in average sales price within the SO19 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 | 3.372 % | £7,671 | £235,171 |
| 3 Month Average | 21.256 % | £48,356 | £275,856 |
| 6 Month Average | 18.230 % | £41,473 | £268,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £558,582 | £550,000 | 205 KINGSCLERE AVENUE |
| 13 Dec 2023 | £134,121 | £130,000 | 23 WINCHFIELD CLOSE |
| 8 Dec 2023 | £263,084 | £255,000 | 18 GRATELEY CLOSE |
| 27 Oct 2023 | £245,578 | £240,000 | 16 BOWER CLOSE |
| 29 Sep 2023 | £291,424 | £285,000 | 30 BRAMSHOTT ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 7 Mar 2016. Using an estimated price of £280,404 means this house is valued at £3,594 per sq meter (£333 per sq foot).
The average size of a house on GRATELEY CLOSE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Mary Key Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mary Key Close |
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mary Key Close |
| May 2024 | Anti-social behaviour | On or near Mary Key Close | |
| May 2024 | Anti-social behaviour | On or near Mary Key Close |