£475,247
This estimated value is based upon the latest sale price for the house of £387,500 on 28 Nov 2019. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£387,500 | 28 Nov 2019 |
£327,000 | 20 Oct 2014 |
£355,000 | 30 Jun 2008 |
Detached |
Freehold |
Floor Area: 147 sq meters or 1,586 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in November 2019 the House Price Index for HAMPSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £387,500 results in an estimated price of approximately £475,247.
28 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £387,500 | £87,747 | £475,247 |
The Postcode Pricing Model uses changes in average sales price within the RG24 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 | -7.898 % | £-30,603 | £356,896 |
3 Month Average | -24.358 % | £-94,385 | £293,114 |
6 Month Average | -19.993 % | £-77,473 | £310,026 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2023 | £471,022 | £465,000 | 4 FURZELEA WAY |
31 Jul 2023 | £451,071 | £445,000 | 6 FURZELEA WAY |
17 Apr 2023 | £272,939 | £270,000 | 1 BASSWOOD DRIVE |
31 Mar 2023 | £317,996 | £315,000 | 15 BASSWOOD DRIVE |
31 Mar 2023 | £278,196 | £275,575 | 22 BASSWOOD DRIVE |
This house has a floor area of 147 sq meters or 1,586 sq feet when measured on 6 Nov 2009. Using an estimated price of £475,248 means this house is valued at £3,224 per sq meter (£299 per sq foot).
The average size of a house on CUTTING DRIVE is 120 sq meters (1,302 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Cutting Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cutting Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Furzelea Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Furzelea Way |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peggs Way |