£404,740
This estimated value is based upon the latest sale price for the house of £375,000 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £375,000 | 16 Dec 2021 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 December 2021 the House Price Index for HAMPSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £375,000 results in an estimated price of approximately £404,740.
| 16 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £375,000 | £29,740 | £404,740 |
The Postcode Pricing Model uses changes in average sales price within the PO15 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 | 2.400 % | £9,000 | £384,000 |
| 3 Month Average | 12.308 % | £46,154 | £421,154 |
| 6 Month Average | 17.857 % | £66,964 | £441,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £327,847 | £325,000 | 5 JULIE AVENUE |
| 3 Oct 2023 | £400,598 | £391,500 | 9 STANLEY CLOSE |
| 1 Sep 2023 | £501,045 | £490,000 | 6 REGENCY PLACE |
| 30 Aug 2023 | £386,980 | £380,000 | 28 SOUTHMEAD ROAD |
| 12 Apr 2023 | £341,385 | £335,000 | 72 SOUTHMEAD ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Aug 2021. Using an estimated price of £404,740 means this house is valued at £5,621 per sq meter (£522 per sq foot).
The average size of a house on SOUTHMEAD ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Julie Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodstock Close |
| Aug 2024 | Anti-social behaviour | On or near Veryan | |
| Aug 2024 | Anti-social behaviour | On or near Veryan | |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Stanley Close |