£325,008
This estimated value is based upon the latest sale price for the house of £265,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
There has been one burglary within the last year on or near Alders Road
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| Price Paid | Date |
|---|---|
| £265,000 | 8 Nov 2019 |
| £255,000 | 19 May 2017 |
| £205,000 | 26 Jul 2007 |
| £69,000 | 10 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 940 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in November 2019 the House Price Index for HAMPSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £265,000 results in an estimated price of approximately £325,008.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £265,000 | £60,008 | £325,008 |
The Postcode Pricing Model uses changes in average sales price within the PO16 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 | -10.237 % | £-27,127 | £237,872 |
| 3 Month Average | -15.984 % | £-42,357 | £222,642 |
| 6 Month Average | 2.265 % | £6,001 | £271,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £249,363 | £245,000 | 13 GEOFFREY CRESCENT |
| 13 Nov 2023 | £258,832 | £255,000 | 6 GEOFFREY CRESCENT |
| 29 Sep 2023 | £229,940 | £227,000 | 201 GOSPORT ROAD |
| 15 Sep 2023 | £177,267 | £175,000 | FLAT 4 MEDINA HOUSE REDLANDS LANE |
| 20 Jan 2023 | £179,156 | £180,000 | FLAT 12 SPITHEAD HOUSE REDLANDS LANE |
This house has a floor area of 87 sq meters or 940 sq feet when measured on 17 Jan 2011. Using an estimated price of £325,008 means this house is valued at £3,718 per sq meter (£345 per sq foot).
The average size of a house on GOSPORT ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alders Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alders Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alders Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Alders Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alders Road |