£247,571
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £185,000 | 2 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 September 2016 the House Price Index for SOUTHAMPTON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £185,000 results in an estimated price of approximately £247,571.
| 2 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £185,000 | £62,571 | £247,571 |
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 | 16.707 % | £30,908 | £215,908 |
| 3 Month Average | 21.440 % | £39,664 | £224,664 |
| 6 Month Average | 17.040 % | £31,524 | £216,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £92,853 | £90,000 | FLAT 5 BARNFIELD COURT WESTON LANE |
| 7 Sep 2023 | £92,029 | £90,000 | FLAT 11 BARNFIELD COURT WESTON LANE |
| 31 Mar 2023 | £223,736 | £220,000 | 38 WALLACE ROAD |
| 27 Feb 2023 | £251,681 | £250,000 | 32 WALLACE ROAD |
| 16 Feb 2023 | £226,513 | £225,000 | 22 BARNFIELD WAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Jun 2016. Using an estimated price of £247,572 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on WALLACE ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Kingsclere Close | |
| Jul 2024 | Other crime | Investigation complete; no suspect identified | On or near Kingsclere Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Kingsclere Close |
| May 2024 | Anti-social behaviour | On or near Kingsclere Close | |
| May 2024 | Anti-social behaviour | On or near Kingsclere Close |