£484,955
This estimated value is based upon the latest sale price for the house of £304,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £304,000 | 28 Feb 2014 |
| £151,000 | 18 Nov 1999 |
| £92,500 | 27 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 February 2014 the House Price Index for HAMPSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £304,000 results in an estimated price of approximately £484,955.
| 28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £304,000 | £180,955 | £484,955 |
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 | 21.933 % | £66,675 | £370,675 |
| 3 Month Average | 35.364 % | £107,507 | £411,507 |
| 6 Month Average | 38.880 % | £118,194 | £422,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £562,278 | £545,000 | 3 COLE CLOSE |
| 6 Dec 2023 | £376,571 | £365,000 | 10 CAERLEON DRIVE |
| 8 Nov 2023 | £425,809 | £415,000 | 15 CAERLEON DRIVE |
| 3 Aug 2023 | £247,463 | £243,000 | 168 TINTAGEL CLOSE |
| 21 Jun 2023 | £204,090 | £200,000 | 137 TINTAGEL CLOSE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 8 Aug 2013. Using an estimated price of £484,955 means this house is valued at £3,321 per sq meter (£308 per sq foot).
The average size of a house on MELIOT RISE is 157 sq meters (1,692 sq feet).
This house is the largest in the street with a floor area of 146 sq meters (1,571 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meliot Rise |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Meliot Rise |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meliot Rise |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Meliot Rise |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Caerleon Drive |