£294,383
This estimated value is based upon the latest sale price for the house of £238,000 on 23 Aug 2018. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £238,000 | 23 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2018 the House Price Index for SOUTHAMPTON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £238,000 results in an estimated price of approximately £294,383.
| 23 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £238,000 | £56,383 | £294,383 |
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 | 44.695 % | £106,374 | £344,374 |
| 3 Month Average | -0.869 % | £-2,068 | £235,931 |
| 6 Month Average | 4.494 % | £10,696 | £248,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £247,162 | £245,000 | 12 MERRYOAK GREEN |
| 24 Mar 2023 | £223,102 | £221,000 | 3 POPLAR ROAD |
| 8 Mar 2023 | £282,613 | £279,950 | 10 MERRYOAK GREEN |
| 31 Jan 2023 | £174,180 | £175,000 | 72 BLACKTHORN ROAD |
| 27 Jan 2023 | £311,532 | £313,000 | 13 FREEMANTLE COMMON ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 21 Feb 2018. Using an estimated price of £294,383 means this house is valued at £3,066 per sq meter (£284 per sq foot).
The average size of a house on FREEMANTLE CLOSE is 131 sq meters (1,416 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Freemantle Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Morley Close |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Morley Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Blackthorn Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackthorn Close |