£2,409,031
This estimated value is based upon the latest sale price for the house of £1,950,000 on 21 Oct 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £1,950,000 | 21 Oct 2019 |
| 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 October 2019 the House Price Index for SOUTHAMPTON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £1,950,000 results in an estimated price of approximately £2,409,031.
| 21 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £1,950,000 | £459,031 | £2,409,031 |
The Postcode Pricing Model uses changes in average sales price within the SO16 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 | 17.348 % | £338,295 | £2,288,295 |
| 3 Month Average | 0.130 % | £2,526 | £1,952,526 |
| 6 Month Average | 6.158 % | £120,072 | £2,070,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £209,621 | £205,000 | 177 WIMPSON LANE |
| 30 Jun 2023 | £244,908 | £240,000 | 21 SEVERN ROAD |
| 27 Apr 2023 | £173,240 | £170,000 | FLAT 10 MANSEL PLACE, 17 MANSEL ROAD EAST |
| 3 Apr 2023 | £188,526 | £185,000 | 4 RIBBLE COURT |
| 20 Jan 2023 | £255,683 | £255,000 | 247 WIMPSON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Crigdon Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crigdon Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ribble Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ribble Court |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ribble Court |