£209,622
This estimated value is based upon the latest sale price for the house of £125,000 on 10 Nov 2006. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £125,000 | 10 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 53 sq meters or 571 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 November 2006 the House Price Index for SOUTHAMPTON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £125,000 results in an estimated price of approximately £209,622.
| 10 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £125,000 | £84,622 | £209,622 |
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 | 78.561 % | £98,201 | £223,201 |
| 3 Month Average | 42.415 % | £53,018 | £178,018 |
| 6 Month Average | 47.549 % | £59,436 | £184,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £310,000 | £310,000 | 89 SHOLING ROAD |
| 8 Dec 2023 | £254,452 | £250,000 | 61 MALDON ROAD |
| 16 Nov 2023 | £131,954 | £130,000 | 43A SHOLING ROAD |
| 12 Sep 2023 | £180,305 | £178,000 | 6 MALDON ROAD |
| 1 Jun 2023 | £253,065 | £250,000 | 35 SHOLING ROAD |
This house has a floor area of 53 sq meters or 571 sq feet when measured on 13 Nov 2011. Using an estimated price of £209,623 means this house is valued at £3,949 per sq meter (£366 per sq foot).
The average size of a house on MERRIDALE ROAD is 93 sq meters (1,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elstree Road |
| Apr 2024 | Anti-social behaviour | On or near Elstree Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elstree Road |
| Apr 2024 | Other crime | Under investigation | On or near Elstree Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elstree Road |