£529,479
This estimated value is based upon the latest sale price for the house of £425,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£425,000 | 5 Apr 2019 |
£220,000 | 17 Sep 2013 |
Detached |
Freehold |
Floor Area: 160 sq meters or 1,722 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 April 2019 the House Price Index for SOUTHAMPTON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £425,000 results in an estimated price of approximately £529,479.
5 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £425,000 | £104,479 | £529,479 |
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 | 2.114 % | £8,986 | £433,986 |
3 Month Average | 19.472 % | £82,756 | £507,756 |
6 Month Average | 18.286 % | £77,714 | £502,714 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £299,603 | £295,000 | 2 GRANTHAM ROAD |
18 Dec 2023 | £163,009 | £158,000 | 225A PEARTREE AVENUE |
15 Dec 2023 | £639,655 | £620,000 | 7 CHESSEL AVENUE |
15 Dec 2023 | £332,208 | £322,000 | 384 BITTERNE ROAD |
14 Dec 2023 | £192,928 | £187,000 | 225B PEARTREE AVENUE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 6 Nov 2018. Using an estimated price of £529,479 means this house is valued at £3,309 per sq meter (£307 per sq foot).
The average size of a house on LITTLE LANCES HILL is 114 sq meters (1,231 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Robbery | Unable to prosecute suspect | On or near Little Lances Hill |
Jun 2024 | Robbery | Investigation complete; no suspect identified | On or near Little Lances Hill |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Little Lances Hill |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grantham Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grantham Road |