£162,693
This estimated value is based upon the latest sale price for the house of £157,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
There has been one burglary within the last year on or near Hamble Road
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| Price Paid | Date |
|---|---|
| £157,000 | 25 Mar 2022 |
| £135,000 | 28 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in March 2022 the House Price Index for WEST MIDLANDS was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £157,000 results in an estimated price of approximately £162,693.
| 25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £157,000 | £5,693 | £162,693 |
The Postcode Pricing Model uses changes in average sales price within the WV4 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 | 31.693 % | £49,757 | £206,757 |
| 3 Month Average | 12.226 % | £19,195 | £176,195 |
| 6 Month Average | 7.370 % | £11,570 | £168,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £191,677 | £190,000 | 20 SUNDRIDGE WALK |
| 3 Mar 2023 | £181,712 | £180,000 | 2 HAMBLE ROAD |
| 12 Jan 2023 | £179,156 | £180,000 | 55 FAREHAM CRESCENT |
| 31 Aug 2022 | £81,780 | £82,000 | 36 KINGSCLERE WALK |
| 10 Jun 2022 | £86,218 | £85,000 | 30 FAREHAM CRESCENT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 8 Jun 2016. Using an estimated price of £162,693 means this house is valued at £1,870 per sq meter (£173 per sq foot).
The average size of a house on HAMBLE ROAD is 132 sq meters (1,427 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Hamble Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hamble Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamble Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamble Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamble Road |