£205,362
This estimated value is based upon the latest sale price for the house of £69,950 on 29 May 2002. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£69,950 | 29 May 2002 |
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 May 2002 the House Price Index for SOUTHAMPTON was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £69,950 results in an estimated price of approximately £205,362.
29 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 149.7 | 193.585 % | £69,950 | £135,412 | £205,362 |
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 | 133.147 % | £93,136 | £163,086 |
3 Month Average | 174.086 % | £121,772 | £191,722 |
6 Month Average | 163.402 % | £114,299 | £184,249 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £292,540 | £290,000 | 3 BOWER CLOSE |
15 Mar 2024 | £223,433 | £220,000 | 23 WALLACE ROAD |
27 Oct 2023 | £245,578 | £240,000 | 16 BOWER CLOSE |
1 Sep 2023 | £286,311 | £280,000 | 52 BURGHCLERE ROAD |
9 Jun 2023 | £198,988 | £195,000 | 26 BOWER CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 17 May 2013. Using an estimated price of £205,363 means this house is valued at £2,702 per sq meter (£251 per sq foot).
The average size of a house on WALLACE ROAD is 82 sq meters (889 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bower Close |
Apr 2024 | Anti-social behaviour | On or near Bower Close | |
Apr 2024 | Anti-social behaviour | On or near Bower Close | |
Apr 2024 | Anti-social behaviour | On or near Bower Close | |
Apr 2024 | Anti-social behaviour | On or near Bower Close |