£343,437
This estimated value is based upon the latest sale price for the house of £320,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £320,000 | 3 Sep 2021 |
| £245,000 | 22 May 2015 |
| £264,950 | 12 Feb 2007 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 September 2021 the House Price Index for SOUTHAMPTON was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £320,000 results in an estimated price of approximately £343,437.
| 3 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £320,000 | £23,437 | £343,437 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | -4.884 % | £-15,629 | £304,370 |
| 3 Month Average | -20.308 % | £-64,985 | £255,014 |
| 6 Month Average | -12.720 % | £-40,705 | £279,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £325,175 | £321,000 | 94 COMMERCIAL STREET |
| 14 Jul 2023 | £171,623 | £170,000 | FLAT 10 CHARDEN COURT YORK DROVE |
| 28 Apr 2023 | £327,434 | £325,000 | 7 ALUM WAY |
| 14 Sep 2022 | £323,071 | £327,000 | 12 YORK DROVE |
| 15 Jun 2022 | £202,048 | £200,000 | 98 COMMERCIAL STREET |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 19 May 2014. Using an estimated price of £343,437 means this house is valued at £3,239 per sq meter (£301 per sq foot).
The average size of a house on SHALES ROAD is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alum Way |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Commercial Street |
| Mar 2024 | Anti-social behaviour | On or near Commercial Street | |
| Mar 2024 | Anti-social behaviour | On or near Commercial Street | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Almatade Road |