£285,519
This estimated value is based upon the latest sale price for the house of £230,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £230,000 | 30 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 November 2018 the House Price Index for SOUTHAMPTON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £230,000 results in an estimated price of approximately £285,519.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £230,000 | £55,519 | £285,519 |
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 | 21.282 % | £48,947 | £278,947 |
| 3 Month Average | 22.156 % | £50,959 | £280,959 |
| 6 Month Average | 17.203 % | £39,567 | £269,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £265,861 | £260,000 | 44 MALIN CLOSE |
| 15 Aug 2023 | £272,922 | £268,000 | 8 LUNDY CLOSE |
| 31 Mar 2023 | £277,637 | £273,000 | 60 LUNDY CLOSE |
| 6 Jan 2023 | £281,251 | £280,500 | 51 MALIN CLOSE |
| 27 Sep 2022 | £269,820 | £270,000 | 63 LUNDY CLOSE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 25 Aug 2018. Using an estimated price of £285,519 means this house is valued at £2,772 per sq meter (£257 per sq foot).
The average size of a house on FAIRISLE ROAD is 120 sq meters (1,293 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairisle Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Malin Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Malin Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Romsey Road |
| Oct 2024 | Criminal damage and arson | Awaiting court outcome | On or near Orkney Close |