£111,197
This estimated value is based upon the latest sale price for the house of £110,000 on 12 Apr 2023. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£110,000 | 12 Apr 2023 |
£94,995 | 10 May 2016 |
£95,000 | 12 Jul 2007 |
£65,000 | 8 Jul 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 April 2023 the House Price Index for HAMPSHIRE was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £110,000 results in an estimated price of approximately £111,197.
12 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 148.6 | 1.088 % | £110,000 | £1,197 | £111,197 |
The Postcode Pricing Model uses changes in average sales price within the PO13 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 | -64.788 % | £-71,266 | £38,733 |
3 Month Average | -3.885 % | £-4,272 | £105,727 |
6 Month Average | 0.872 % | £958 | £110,958 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £100,000 | £100,000 | FLAT 1 HOMETIDE HOUSE BEACH ROAD |
1 Mar 2024 | £420,000 | £420,000 | 16 HIGH STREET |
29 Aug 2023 | £121,059 | £120,000 | FLAT 23 HOMETIDE HOUSE BEACH ROAD |
21 Jun 2023 | £106,287 | £105,000 | FLAT 20 HOMERYDE HOUSE, 50 HIGH STREET |
12 Apr 2023 | £111,197 | £110,000 | FLAT 26 HOMETIDE HOUSE BEACH ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 3 Dec 2015. Using an estimated price of £111,197 means this house is valued at £2,779 per sq meter (£258 per sq foot).
The average size of a house on BEACH ROAD is 49 sq meters (529 sq feet).