£527,812
This estimated value is based upon the latest sale price for the house of £440,000 on 24 Mar 2020. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £440,000 | 24 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 March 2020 the House Price Index for HAMPSHIRE was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £440,000 results in an estimated price of approximately £527,812.
| 24 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £440,000 | £87,812 | £527,812 |
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 | -19.417 % | £-85,435 | £354,564 |
| 3 Month Average | -1.053 % | £-4,633 | £435,366 |
| 6 Month Average | -1.666 % | £-7,331 | £432,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £124,353 | £122,000 | 27 FAREGROVE COURT GROVE ROAD |
| 14 Aug 2023 | £286,744 | £285,000 | 8 GROVE ROAD |
| 8 Aug 2023 | £264,106 | £262,500 | 94 GORDON ROAD |
| 2 Jun 2023 | £90,736 | £90,000 | 4 FAREGROVE COURT GROVE ROAD |
| 17 Feb 2023 | £144,317 | £145,000 | THE VETERINARY SURGERY, 2A GROVE ROAD |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 11 Dec 2014. Using an estimated price of £527,812 means this house is valued at £3,518 per sq meter (£326 per sq foot).
The average size of a house on GROVE ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grove Road |
| Mar 2024 | Drugs | Under investigation | On or near Gordon Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gordon Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |