£201,252
This estimated value is based upon the latest sale price for the house of £165,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £165,000 | 24 Jan 2020 |
| £153,000 | 9 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 January 2020 the House Price Index for SOUTHAMPTON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £165,000 results in an estimated price of approximately £201,252.
| 24 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £165,000 | £36,252 | £201,252 |
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 | 30.553 % | £50,411 | £215,411 |
| 3 Month Average | -2.514 % | £-4,147 | £160,852 |
| 6 Month Average | 6.482 % | £10,694 | £175,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £220,000 | £220,000 | 23 WALLACE ROAD |
| 1 Sep 2023 | £283,626 | £280,000 | 52 BURGHCLERE ROAD |
| 21 Jul 2023 | £141,910 | £140,000 | 85 WALLACE ROAD |
| 9 Jun 2023 | £197,391 | £195,000 | 26 BOWER CLOSE |
| 31 Mar 2023 | £222,092 | £220,000 | 38 WALLACE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 31 Oct 2017. Using an estimated price of £201,253 means this house is valued at £2,648 per sq meter (£246 per sq foot).
The average size of a house on WALLACE ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bower Close |