£500,372
This estimated value is based upon the latest sale price for the house of £405,000 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £405,000 | 27 Jun 2019 |
| £310,000 | 11 Jan 2008 |
| £220,000 | 3 Jan 2002 |
| £165,000 | 14 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 June 2019 the House Price Index for HAMPSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £405,000 results in an estimated price of approximately £500,372.
| 27 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £405,000 | £95,372 | £500,372 |
The Postcode Pricing Model uses changes in average sales price within the RG24 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 | -18.119 % | £-73,383 | £331,616 |
| 3 Month Average | -20.497 % | £-83,013 | £321,986 |
| 6 Month Average | -13.204 % | £-53,474 | £351,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £527,111 | £522,500 | 7 VESPASIAN GARDENS |
| 17 Feb 2023 | £379,744 | £380,000 | 27 JULIUS CLOSE |
| 20 Jun 2022 | £277,928 | £274,000 | 26 JULIUS CLOSE |
| 17 Jun 2022 | £355,017 | £350,000 | 1 JULIUS CLOSE |
| 10 Dec 2021 | £310,699 | £290,000 | 22 MILL ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 1 Nov 2017. Using an estimated price of £500,372 means this house is valued at £4,002 per sq meter (£371 per sq foot).
The average size of a house on VESPASIAN GARDENS is 157 sq meters (1,700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Julius Close | |
| Feb 2024 | Anti-social behaviour | On or near Julius Close | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Julius Close |
| Feb 2024 | Anti-social behaviour | On or near Julius Close | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Julius Close |