£241,225
This estimated value is based upon the latest sale price for the house of £200,000 on 12 Jun 2020. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £200,000 | 12 Jun 2020 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 June 2020 the House Price Index for SOUTHAMPTON was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £200,000 results in an estimated price of approximately £241,225.
| 12 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £200,000 | £41,225 | £241,225 |
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 | 36.905 % | £73,810 | £273,810 |
| 3 Month Average | 1.843 % | £3,686 | £203,686 |
| 6 Month Average | 10.825 % | £21,650 | £221,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £277,245 | £272,000 | 56 SEAGARTH LANE |
| 15 Aug 2023 | £261,591 | £260,000 | 4 HUNTON CLOSE |
| 31 Mar 2023 | £170,924 | £170,000 | FLAT 5 IVY LODGE, 48 SEAGARTH LANE |
| 30 Nov 2022 | £314,894 | £320,000 | 16 LORDSWOOD ROAD |
| 16 Sep 2022 | £177,837 | £180,000 | FLAT 3 IVY LODGE, 48 SEAGARTH LANE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 10 Sep 2019. Using an estimated price of £241,225 means this house is valued at £3,397 per sq meter (£315 per sq foot).
The average size of a house on MALWOOD AVENUE is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Seagarth Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Seagarth Close |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Seagarth Close |
| Feb 2024 | Shoplifting | Unable to prosecute suspect | On or near Seagarth Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Seagarth Close |