£538,550
This estimated value is based upon the latest sale price for the house of £540,000 on 5 Aug 2022. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
There have been four burglaries within the last year on or near Chessel Avenue
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| Price Paid | Date |
|---|---|
| £540,000 | 5 Aug 2022 |
| £260,000 | 15 May 2015 |
| £77,000 | 17 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2022 the House Price Index for SOUTHAMPTON was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £540,000 results in an estimated price of approximately £538,550.
| 5 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £540,000 | £-1,449 | £538,550 |
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 | 10.673 % | £57,636 | £597,636 |
| 3 Month Average | -16.918 % | £-91,357 | £448,642 |
| 6 Month Average | -13.054 % | £-70,488 | £469,511 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £661,575 | £650,000 | 9 CHESSEL AVENUE |
| 4 Apr 2023 | £285,069 | £282,000 | 96 CHESSEL AVENUE |
| 20 Oct 2022 | £353,692 | £357,500 | 27 CHESSEL AVENUE |
| 5 Aug 2022 | £538,550 | £540,000 | 56 CHESSEL AVENUE |
| 30 Jun 2022 | £280,464 | £276,500 | 163 CHESSEL CRESCENT |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 22 Dec 2015. Using an estimated price of £538,550 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on CHESSEL AVENUE is 121 sq meters (1,304 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Chessel Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Chessel Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chessel Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Chessel Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Chessel Avenue |