£281,331
This estimated value is based upon the latest sale price for the house of £230,000 on 27 May 2020. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£230,000 | 27 May 2020 |
£177,000 | 10 May 2013 |
Terraced |
Leasehold |
Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in May 2020 the House Price Index for HAMPSHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £230,000 results in an estimated price of approximately £281,331.
27 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £230,000 | £51,331 | £281,331 |
The Postcode Pricing Model uses changes in average sales price within the SO50 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 | 30.221 % | £69,507 | £299,507 |
3 Month Average | 3.156 % | £7,259 | £237,259 |
6 Month Average | 8.606 % | £19,793 | £249,793 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £273,497 | £270,000 | 234A HIGH STREET |
15 Sep 2023 | £180,305 | £178,000 | 248 HIGH STREET |
15 Sep 2023 | £288,691 | £285,000 | 234 HIGH STREET |
20 Jul 2023 | £306,120 | £302,000 | 224 DESBOROUGH ROAD |
30 Jun 2023 | £273,311 | £270,000 | 287 HIGH STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Jan 2020. Using an estimated price of £281,332 means this house is valued at £3,025 per sq meter (£281 per sq foot).
The average size of a house on HIGH STREET is 90 sq meters (976 sq feet).