£333,138
This estimated value is based upon the latest sale price for the house of £330,000 on 6 Mar 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £330,000 | 6 Mar 2023 |
| £205,000 | 14 Jun 2013 |
| £173,000 | 23 Apr 2010 |
| £180,000 | 21 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2023 the House Price Index for SOUTHAMPTON was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £330,000 results in an estimated price of approximately £333,138.
| 6 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £330,000 | £3,138 | £333,138 |
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 | -5.070 % | £-16,731 | £313,268 |
| 3 Month Average | -11.422 % | £-37,693 | £292,306 |
| 6 Month Average | -12.419 % | £-40,982 | £289,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £254,452 | £250,000 | 61 MALDON ROAD |
| 12 Sep 2023 | £180,305 | £178,000 | 6 MALDON ROAD |
| 6 Mar 2023 | £333,139 | £330,000 | 36 MERRIDALE ROAD |
| 16 Feb 2023 | £314,788 | £315,000 | 38 MERRIDALE ROAD |
| 31 Oct 2022 | £371,005 | £375,000 | 28 PEARTREE AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Aug 2014. Using an estimated price of £333,139 means this house is valued at £4,164 per sq meter (£386 per sq foot).
The average size of a house on MERRIDALE ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Merridale Road |
| Apr 2024 | Anti-social behaviour | On or near Merridale Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elstree Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elstree Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elstree Road |