£232,672
This estimated value is based upon the latest sale price for the house of £180,000 on 13 Apr 2017. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £180,000 | 13 Apr 2017 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 April 2017 the House Price Index for SOUTHAMPTON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £180,000 results in an estimated price of approximately £232,672.
| 13 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £180,000 | £52,672 | £232,672 |
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 | 31.137 % | £56,046 | £236,046 |
| 3 Month Average | 1.245 % | £2,241 | £182,241 |
| 6 Month Average | 7.666 % | £13,798 | £193,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £243,607 | £240,000 | 57 GRAINGER GARDENS |
| 19 Sep 2023 | £219,810 | £217,000 | 49 GRAINGER GARDENS |
| 17 Jul 2023 | £230,097 | £227,000 | 56 GRAINGER GARDENS |
| 31 Mar 2023 | £494,660 | £490,000 | 33 VALENTINE AVENUE |
| 9 Nov 2022 | £276,649 | £280,000 | 36 VALENTINE AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 6 Dec 2016. Using an estimated price of £232,672 means this house is valued at £2,556 per sq meter (£237 per sq foot).
The average size of a house on ELGAR ROAD is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elgar Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgar Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgar Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Elgar Close |
| Apr 2024 | Drugs | Under investigation | On or near Valentine Avenue |