£399,472
This estimated value is based upon the latest sale price for the house of £300,000 on 13 Jul 2016. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 13 Jul 2016 |
| £242,000 | 21 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 956 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 2016 the House Price Index for HAMPSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £300,000 results in an estimated price of approximately £399,472.
| 13 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £300,000 | £99,472 | £399,472 |
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 | -10.413 % | £-31,239 | £268,760 |
| 3 Month Average | -15.598 % | £-46,795 | £253,204 |
| 6 Month Average | -6.312 % | £-18,934 | £281,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Feb 2023 | £319,785 | £320,000 | 40 WATERTOWER WAY |
| 11 Nov 2022 | £167,965 | £170,000 | 2 HINES COURT |
| 26 Aug 2022 | £274,262 | £275,000 | 2B WATERTOWER WAY |
| 19 Aug 2022 | £274,262 | £275,000 | 7 ELDER ROAD |
| 19 Apr 2022 | £267,748 | £260,000 | 3 ELDER ROAD |
This house has a floor area of 88 sq meters or 956 sq feet when measured on 28 Oct 2008. Using an estimated price of £399,473 means this house is valued at £4,497 per sq meter (£417 per sq foot).
The average size of a house on WATERTOWER WAY is 92 sq meters (1,000 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Watertower Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Watertower Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watertower Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollies Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elder Road |