£295,065
This estimated value is based upon the latest sale price for the house of £163,500 on 7 Aug 2009. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£163,500 | 7 Aug 2009 |
£163,500 | 7 Aug 2009 |
£148,000 | 14 Aug 2003 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,039 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 August 2009 the House Price Index for HAMPSHIRE was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £163,500 results in an estimated price of approximately £295,065.
7 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 148.6 | 80.468 % | £163,500 | £131,565 | £295,065 |
The Postcode Pricing Model uses changes in average sales price within the SO51 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 | 71.324 % | £116,614 | £280,114 |
3 Month Average | 64.057 % | £104,732 | £268,232 |
6 Month Average | 60.109 % | £98,278 | £261,778 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £319,734 | £315,000 | 28 MERCER WAY |
9 Jun 2023 | £465,640 | £460,000 | 3 NEW ROAD |
29 Jul 2022 | £138,372 | £138,000 | 33 MERCER WAY |
27 Jan 2022 | £265,733 | £252,500 | 78 MERCER WAY |
26 Jan 2022 | £359,924 | £342,000 | 17 NEW ROAD |
This house has a floor area of 96 sq meters or 1,039 sq feet when measured on 22 Apr 2009. Using an estimated price of £295,066 means this house is valued at £3,054 per sq meter (£283 per sq foot).
The average size of a house on MERCER WAY is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Mercer Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercer Way |
Mar 2024 | Public order | Under investigation | On or near New Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smith'S Field |
Feb 2024 | Anti-social behaviour | On or near Hayter Gardens |