£492,225
This estimated value is based upon the latest sale price for the house of £400,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £400,000 | 30 Aug 2019 |
| £174,000 | 5 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2019 the House Price Index for SOUTHAMPTON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £400,000 results in an estimated price of approximately £492,225.
| 30 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £400,000 | £92,225 | £492,225 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | 8.170 % | £32,679 | £432,679 |
| 3 Month Average | -6.929 % | £-27,716 | £372,283 |
| 6 Month Average | 6.503 % | £26,010 | £426,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £157,115 | £155,000 | FLAT 8 BINCLEAVES NORRIS HILL |
| 27 Jul 2023 | £157,115 | £155,000 | FLAT 7 BINCLEAVES NORRIS HILL |
| 14 Mar 2023 | £317,996 | £315,000 | 22 DIMOND HILL |
| 3 Feb 2023 | £199,866 | £200,000 | FLAT 9 OAKDENE, 68 - 70 SANDRINGHAM ROAD |
| 27 Jan 2023 | £368,265 | £370,000 | 156 MIDANBURY LANE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 28 Mar 2019. Using an estimated price of £492,226 means this house is valued at £4,317 per sq meter (£401 per sq foot).
The average size of a house on THOROLD ROAD is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neva Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neva Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neva Road |