£417,300
This estimated value is based upon the latest sale price for the house of £395,000 on 1 Feb 2022. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £395,000 | 1 Feb 2022 |
| £297,000 | 11 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 February 2022 the House Price Index for HAMPSHIRE was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £395,000 results in an estimated price of approximately £417,300.
| 1 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £395,000 | £22,300 | £417,300 |
The Postcode Pricing Model uses changes in average sales price within the SO41 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 | 14.007 % | £55,328 | £450,328 |
| 3 Month Average | 20.054 % | £79,213 | £474,213 |
| 6 Month Average | 12.368 % | £48,854 | £443,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £633,000 | £633,000 | 12 PRIESTLANDS ROAD |
| 25 Aug 2023 | £509,184 | £500,000 | 38 HIGHFIELD ROAD |
| 14 Apr 2023 | £433,101 | £425,000 | 14 HIGHFIELD AVENUE |
| 24 Jun 2022 | £664,198 | £650,000 | ROOKS CHATTER PRIESTLANDS LANE |
| 1 Feb 2022 | £417,301 | £395,000 | 1A SOUTHBOURNE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Jul 2015. Using an estimated price of £417,301 means this house is valued at £5,282 per sq meter (£490 per sq foot).
The average size of a house on SOUTHBOURNE ROAD is 113 sq meters (1,221 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southbourne Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Brookland Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Brookland Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Priestlands Lane |