£303,714
This estimated value is based upon the latest sale price for the house of £211,000 on 24 Jul 2015. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £211,000 | 24 Jul 2015 |
| £175,000 | 18 Sep 2009 |
| £159,950 | 24 Sep 2004 |
| £144,000 | 23 May 2003 |
| £87,250 | 31 May 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 July 2015 the House Price Index for HAMPSHIRE was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £211,000 results in an estimated price of approximately £303,714.
| 24 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £211,000 | £92,714 | £303,714 |
The Postcode Pricing Model uses changes in average sales price within the SP6 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 | -16.961 % | £-35,788 | £175,211 |
| 3 Month Average | 38.852 % | £81,977 | £292,977 |
| 6 Month Average | 10.743 % | £22,668 | £233,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £307,134 | £303,000 | 44 PENNYS LANE |
| 13 Jun 2023 | £334,046 | £330,000 | 3 MERTON CLOSE |
| 1 Jun 2023 | £435,273 | £430,000 | 37 WAVERLEY ROAD |
| 6 Apr 2023 | £298,211 | £295,000 | 41 PENNYS LANE |
| 28 Feb 2023 | £399,731 | £400,000 | 8 MERTON CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 15 Dec 2016. Using an estimated price of £303,715 means this house is valued at £3,197 per sq meter (£297 per sq foot).
The average size of a house on PENNYS LANE is 103 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Penny'S Crescent |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Penny'S Close |
| Jan 2024 | Anti-social behaviour | On or near Pennys Lane | |
| Jan 2024 | Anti-social behaviour | On or near Pennys Lane | |
| Jan 2024 | Anti-social behaviour | On or near Pennys Lane |