£308,668
This estimated value is based upon the latest sale price for the house of £248,000 on 25 Jun 2019. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£248,000 | 25 Jun 2019 |
£243,500 | 29 Nov 2016 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 June 2019 the House Price Index for HAMPSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £248,000 results in an estimated price of approximately £308,668.
25 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £248,000 | £60,668 | £308,668 |
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 | 9.936 % | £24,640 | £272,640 |
3 Month Average | 30.615 % | £75,924 | £323,924 |
6 Month Average | 18.008 % | £44,658 | £292,658 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £143,156 | £140,000 | 31 MANDARIN WAY |
1 Sep 2023 | £296,537 | £290,000 | 9 LANYARD DRIVE |
11 Aug 2023 | £315,694 | £310,000 | 1 MARLIN CLOSE |
3 Apr 2023 | £231,327 | £227,000 | 4 LANYARD DRIVE |
30 Nov 2022 | £218,976 | £220,000 | 35 MARLIN CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 12 Oct 2016. Using an estimated price of £308,669 means this house is valued at £2,755 per sq meter (£256 per sq foot).
The average size of a house on FALCON MEADOWS WAY is 123 sq meters (1,326 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Parking Area | |
Sep 2024 | Public order | Under investigation | On or near Marlin Close |