£588,501
This estimated value is based upon the latest sale price for the house of £350,000 on 8 Sep 2006. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
There have been two burglaries within the last year on or near Richmond Lane
More crime details
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| Price Paid | Date |
|---|---|
| £350,000 | 8 Sep 2006 |
| Detached |
| Freehold |
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 September 2006 the House Price Index for HAMPSHIRE was 87.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.143%.Applying this 68.143% change to the original purchase price of £350,000 results in an estimated price of approximately £588,501.
| 8 Sep 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 146.7 | 68.143 % | £350,000 | £238,501 | £588,501 |
The Postcode Pricing Model uses changes in average sales price within the SO51 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 | 78.767 % | £275,685 | £625,685 |
| 3 Month Average | 95.930 % | £335,755 | £685,755 |
| 6 Month Average | 71.371 % | £249,796 | £599,796 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Richmond Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ralph Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Ralph Lane |
| Jan 2024 | Anti-social behaviour | On or near Oxlease Close |