£226,784
This estimated value is based upon the latest sale price for the house of £160,000 on 19 Oct 2015. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£160,000 | 19 Oct 2015 |
£128,000 | 23 Dec 2011 |
£124,000 | 4 Jul 2006 |
£45,000 | 9 Apr 1998 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 783 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 October 2015 the House Price Index for HAMPSHIRE was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £160,000 results in an estimated price of approximately £226,784.
19 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £160,000 | £66,784 | £226,784 |
The Postcode Pricing Model uses changes in average sales price within the SP10 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 | 9.716 % | £15,546 | £175,546 |
3 Month Average | 13.362 % | £21,379 | £181,379 |
6 Month Average | 23.323 % | £37,316 | £197,316 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Oct 2023 | £189,299 | £185,000 | 107 GALAHAD CLOSE |
27 Sep 2023 | £214,734 | £210,000 | 61 GALAHAD CLOSE |
15 Sep 2023 | £240,297 | £235,000 | 223 GALAHAD CLOSE |
7 Sep 2023 | £240,297 | £235,000 | 164 GALAHAD CLOSE |
30 Jun 2023 | £198,988 | £195,000 | 119 GALAHAD CLOSE |
This house has a floor area of 72 sq meters or 783 sq feet when measured on 13 Jul 2011. Using an estimated price of £226,784 means this house is valued at £3,116 per sq meter (£289 per sq foot).
The average size of a house on GALAHAD CLOSE is 84 sq meters (914 sq feet).