£78,714
This estimated value is based upon the latest sale price for the house of £63,250 on 23 Jan 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£63,250 | 23 Jan 2019 |
£66,000 | 13 Dec 2018 |
£80,000 | 24 Mar 2016 |
Freehold |
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 January 2019 the House Price Index for SOUTHAMPTON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £63,250 results in an estimated price of approximately £78,714.
23 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £63,250 | £15,464 | £78,714 |
The Postcode Pricing Model uses changes in average sales price within the SO19 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 | -0.171 % | £-107 | £63,142 |
3 Month Average | 31.426 % | £19,876 | £83,126 |
6 Month Average | 19.833 % | £12,544 | £75,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Mar 2023 | £282,721 | £278,000 | 70A MERRYOAK ROAD |
4 Jan 2023 | £260,697 | £260,000 | 26 KNIGHTON ROAD |
16 Nov 2022 | £268,743 | £270,000 | 87 PINEGROVE ROAD |
19 Aug 2022 | £281,315 | £280,000 | 48 KNIGHTON ROAD |
8 Jul 2022 | £343,441 | £340,000 | 111 SPRING ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Robbery | Under investigation | On or near Sports/Recreation Area |