18 PALMER CLOSE

£169,100

Full Address

18 PALMER CLOSE
BASINGSTOKE
BASINGSTOKE
HAMPSHIRE
UNITED KINGDOM
RG21 5RE

Estimated Market Value

£169,100

This estimated value is based upon the latest sale price for the house of £34,000 on 22 Aug 1997. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1

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Transactions for this house
Price PaidDate
£34,00022 Aug 1997
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 August 1997 the House Price Index for HAMPSHIRE was 29.5.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 397.356%.

Applying this 397.356% change to the original purchase price of £34,000 results in an estimated price of approximately £169,100.

22 Aug 1997 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
29.5 146.7 397.356 % £34,000 £135,100 £169,100

The Postcode Pricing Model uses changes in average sales price within the RG21 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 206.266 % £70,130 £104,130
3 Month Average 231.291 % £78,639 £112,639
6 Month Average 299.870 % £101,955 £135,955
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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