£247,812
This estimated value is based upon the latest sale price for the house of £199,000 on 1 May 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
There has been one burglary within the last year on or near Sholing Road
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| Price Paid | Date |
|---|---|
| £199,000 | 1 May 2019 |
| £145,000 | 23 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2019 the House Price Index for SOUTHAMPTON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £199,000 results in an estimated price of approximately £247,812.
| 1 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £199,000 | £48,812 | £247,812 |
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 | 0.197 % | £392 | £199,392 |
| 3 Month Average | 19.641 % | £39,086 | £238,086 |
| 6 Month Average | 16.313 % | £32,462 | £231,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £196,023 | £190,000 | 184 LUDLOW ROAD |
| 13 Nov 2023 | £192,896 | £188,000 | 118 LUDLOW ROAD |
| 25 Sep 2023 | £178,945 | £175,000 | 120 LUDLOW ROAD |
| 4 Aug 2023 | £256,629 | £252,000 | 223 LUDLOW ROAD |
| 23 Jun 2023 | £188,783 | £185,000 | 118A LUDLOW ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 Jul 2013. Using an estimated price of £247,812 means this house is valued at £3,540 per sq meter (£328 per sq foot).
The average size of a house on SHOLING ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sholing Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Sholing Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Sholing Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Sholing Road |
| May 2024 | Burglary | Under investigation | On or near Sholing Road |