£149,320
This estimated value is based upon the latest sale price for the house of £147,000 on 18 Sep 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
There has been one burglary within the last year on or near Wavell Road
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| Price Paid | Date |
|---|---|
| £147,000 | 18 Sep 2023 |
| £110,500 | 25 Oct 2018 |
| £72,000 | 31 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 402 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 2023 the House Price Index for SOUTHAMPTON was 145.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.579%.Applying this 1.579% change to the original purchase price of £147,000 results in an estimated price of approximately £149,320.
| 18 Sep 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.7 | 148.0 | 1.579 % | £147,000 | £2,320 | £149,320 |
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 | 18.202 % | £26,756 | £173,756 |
| 3 Month Average | -13.086 % | £-19,236 | £127,763 |
| 6 Month Average | -4.569 % | £-6,716 | £140,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £63,214 | £63,000 | FLAT 49 HOMEPOINT HOUSE MERSHAM GARDENS |
| 8 Mar 2024 | £234,542 | £233,750 | 59 MONTGOMERY ROAD |
| 16 Nov 2023 | £89,651 | £88,500 | FLAT 45 HOMEPOINT HOUSE MERSHAM GARDENS |
| 30 Jun 2023 | £252,044 | £250,000 | 33 MONTGOMERY ROAD |
| 19 Apr 2023 | £80,599 | £80,000 | FLAT 23 HOMEPOINT HOUSE MERSHAM GARDENS |
This house has a floor area of 37 sq meters or 402 sq feet when measured on 1 Aug 2011.
The average size of a house on WAVELL ROAD is 68 sq meters (736 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (402 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Wavell Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wavell Road |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Wavell Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wavell Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wavell Road |