£226,985
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £225,000 | 18 Aug 2023 |
| £148,000 | 25 Mar 2014 |
| £146,000 | 4 Jan 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2023 the House Price Index for SOUTHAMPTON was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £225,000 results in an estimated price of approximately £226,985.
| 18 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £225,000 | £1,985 | £226,985 |
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 | 21.025 % | £47,305 | £272,305 |
| 3 Month Average | -6.487 % | £-14,595 | £210,404 |
| 6 Month Average | -9.395 % | £-21,139 | £203,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £263,907 | £260,000 | 70 MAGNOLIA ROAD |
| 18 Aug 2023 | £247,162 | £245,000 | 12 MERRYOAK GREEN |
| 18 Aug 2023 | £226,986 | £225,000 | 43 MAGNOLIA ROAD |
| 16 Jun 2023 | £242,943 | £240,000 | 30 ACACIA ROAD |
| 8 Mar 2023 | £282,613 | £279,950 | 10 MERRYOAK GREEN |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 28 Jan 2014. Using an estimated price of £226,986 means this house is valued at £3,387 per sq meter (£314 per sq foot).
The average size of a house on MAGNOLIA ROAD is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Cypress Avenue | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cypress Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cypress Avenue |