£632,383
This estimated value is based upon the latest sale price for the house of £396,000 on 29 May 2007. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £396,000 | 29 May 2007 |
| £150,000 | 9 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 237 sq meters or 2,551 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 May 2007 the House Price Index for SOUTHAMPTON was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £396,000 results in an estimated price of approximately £632,383.
| 29 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £396,000 | £236,383 | £632,383 |
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 | -19.085 % | £-75,574 | £320,425 |
| 3 Month Average | 26.118 % | £103,426 | £499,426 |
| 6 Month Average | 30.811 % | £122,009 | £518,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £515,834 | £520,000 | 59 GORDON AVENUE |
| 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 |
| 29 Oct 2021 | £165,972 | £150,000 | FLAT 12 SOBERTON HOUSE, 52 WESTWOOD ROAD |
This house has a floor area of 237 sq meters or 2,551 sq feet when measured on 3 Jan 2019. Using an estimated price of £632,384 means this house is valued at £2,668 per sq meter (£247 per sq foot).
The average size of a house on GORDON AVENUE is 141 sq meters (1,527 sq feet).