£116,602
This estimated value is based upon the latest sale price for the house of £77,000 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £77,000 | 22 Aug 2014 |
| £38,000 | 24 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 August 2014 the House Price Index for HAMPSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £77,000 results in an estimated price of approximately £116,602.
| 22 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £77,000 | £39,602 | £116,602 |
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 | -17.242 % | £-13,276 | £63,723 |
| 3 Month Average | 43.101 % | £33,188 | £110,188 |
| 6 Month Average | 47.945 % | £36,917 | £113,917 |
| 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 38 sq meters or 409 sq feet when measured on 30 Dec 2013. Using an estimated price of £116,602 means this house is valued at £3,068 per sq meter (£285 per sq foot).
The average size of a house on BEACH ROAD is 49 sq meters (529 sq feet).