£348,048
This estimated value is based upon the latest sale price for the house of £335,000 on 17 Jan 2022. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £335,000 | 17 Jan 2022 |
| £270,000 | 4 Aug 2017 |
| £89,950 | 18 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 January 2022 the House Price Index for SOUTHAMPTON was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £335,000 results in an estimated price of approximately £348,048.
| 17 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £335,000 | £13,048 | £348,048 |
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 | -9.613 % | £-32,204 | £302,795 |
| 3 Month Average | -18.984 % | £-63,596 | £271,403 |
| 6 Month Average | -8.689 % | £-29,106 | £305,893 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 13 Sep 2020.
The average size of a house on RANELAGH GARDENS is 122 sq meters (1,318 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Ranelagh Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ranelagh Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westrow Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Berkeley Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Banister Gardens |