£391,841
This estimated value is based upon the latest sale price for the house of £315,000 on 28 Jun 2018. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £315,000 | 28 Jun 2018 |
| £229,950 | 5 Jul 2006 |
| £157,000 | 10 May 2002 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2018 the House Price Index for SOUTHAMPTON was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £315,000 results in an estimated price of approximately £391,841.
| 28 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £315,000 | £76,841 | £391,841 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | 10.924 % | £34,411 | £349,411 |
| 3 Month Average | -9.516 % | £-29,975 | £285,024 |
| 6 Month Average | 1.077 % | £3,393 | £318,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £89,830 | £88,500 | FLAT 45 HOMEPOINT HOUSE MERSHAM GARDENS |
| 19 Apr 2023 | £80,871 | £80,000 | FLAT 23 HOMEPOINT HOUSE MERSHAM GARDENS |
| 30 Mar 2023 | £91,865 | £91,000 | FLAT 11 HOMEPOINT HOUSE MERSHAM GARDENS |
| 30 Mar 2023 | £80,761 | £80,000 | FLAT 38 HOMEPOINT HOUSE MERSHAM GARDENS |
| 31 May 2022 | £361,818 | £355,000 | 84 WEST END ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 31 May 2016. Using an estimated price of £391,842 means this house is valued at £4,556 per sq meter (£423 per sq foot).
The average size of a house on MERSHAM GARDENS is 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |