£167,491
This estimated value is based upon the latest sale price for the house of £30,000 on 17 Feb 1995. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£30,000 | 17 Feb 1995 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 931 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 February 1995 the House Price Index for SOUTHAMPTON was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 458.306%.Applying this 458.306% change to the original purchase price of £30,000 results in an estimated price of approximately £167,491.
17 Feb 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.6 | 148.6 | 458.306 % | £30,000 | £137,491 | £167,491 |
The Postcode Pricing Model uses changes in average sales price within the SO15 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 | 358.073 % | £107,422 | £137,422 |
3 Month Average | 337.878 % | £101,363 | £131,363 |
6 Month Average | 370.666 % | £111,199 | £141,199 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £177,267 | £175,000 | 85 WATERLOO ROAD |
25 Jul 2023 | £121,637 | £120,000 | FLAT 8 ALMOND COURT ALMOND ROAD |
29 Mar 2023 | £252,378 | £250,000 | 3 VARNA ROAD |
10 Mar 2023 | £378,567 | £375,000 | 122 WATERLOO ROAD |
28 Oct 2022 | £98,935 | £100,000 | FLAT 4 MINSTER COURT, 125 PAYNES ROAD |
This house has a floor area of 86 sq meters or 931 sq feet when measured on 16 Jun 2009. Using an estimated price of £167,492 means this house is valued at £1,935 per sq meter (£179 per sq foot).
The average size of a house on WATERLOO ROAD is 70 sq meters (755 sq feet).