£515,834
This estimated value is based upon the latest sale price for the house of £520,000 on 9 Sep 2022. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £520,000 | 9 Sep 2022 |
| £192,000 | 30 Mar 2001 |
| £86,000 | 31 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 2022 the House Price Index for SOUTHAMPTON was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £520,000 results in an estimated price of approximately £515,834.
| 9 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £520,000 | £-4,165 | £515,834 |
The Postcode Pricing Model uses changes in average sales price within the SO14 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 | -26.875 % | £-139,747 | £380,252 |
| 3 Month Average | 20.422 % | £106,195 | £626,195 |
| 6 Month Average | 5.335 % | £27,744 | £547,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £515,834 | £520,000 | 59 GORDON AVENUE |
| 2 Aug 2022 | £160,568 | £161,000 | FLAT 3 WEST PARK LODGE, 60 WESTWOOD ROAD |
| 23 May 2022 | £132,497 | £130,000 | FLAT 2 CHERRY COURT, 48 WESTWOOD ROAD |
| 28 Apr 2022 | £1,235,759 | £1,200,000 | 72 WESTWOOD ROAD |
| 19 Apr 2022 | £149,321 | £145,000 | FLAT 7 SOBERTON HOUSE, 52 WESTWOOD ROAD |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 14 Jul 2020. Using an estimated price of £515,834 means this house is valued at £3,016 per sq meter (£280 per sq foot).
The average size of a house on GORDON AVENUE is 141 sq meters (1,527 sq feet).