£427,290
This estimated value is based upon the latest sale price for the house of £250,000 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £250,000 | 23 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 949 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 March 2012 the House Price Index for SOUTHAMPTON was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £250,000 results in an estimated price of approximately £427,290.
| 23 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £250,000 | £177,290 | £427,290 |
The Postcode Pricing Model uses changes in average sales price within the SO16 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 | 92.473 % | £231,181 | £481,181 |
| 3 Month Average | 48.526 % | £121,315 | £371,315 |
| 6 Month Average | 45.881 % | £114,701 | £364,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £435,622 | £428,000 | 4 UNDERWOOD ROAD |
| 9 Feb 2023 | £544,634 | £545,000 | 14 REDHILL CRESCENT |
| 24 Aug 2022 | £383,966 | £385,000 | 9 ABINGDON GARDENS |
| 18 Mar 2022 | £222,796 | £215,000 | FLAT 10 MARSHALL PLACE, 445 WINCHESTER ROAD |
| 10 Feb 2022 | £220,226 | £210,000 | FLAT 12 MARSHALL PLACE, 445 WINCHESTER ROAD |
This house has a floor area of 88 sq meters or 949 sq feet when measured on 24 Jan 2012. Using an estimated price of £427,291 means this house is valued at £4,842 per sq meter (£449 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abingdon Gardens |