£311,027
This estimated value is based upon the latest sale price for the house of £255,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 31 Jan 2020 |
| £196,000 | 20 Jun 2014 |
| £198,000 | 30 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 914 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 January 2020 the House Price Index for HAMPSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £255,000 results in an estimated price of approximately £311,027.
| 31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £255,000 | £56,027 | £311,027 |
The Postcode Pricing Model uses changes in average sales price within the SO50 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 | -0.522 % | £-1,330 | £253,669 |
| 3 Month Average | 1.503 % | £3,832 | £258,832 |
| 6 Month Average | 3.211 % | £8,188 | £263,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £183,344 | £181,000 | 38 BRIGHT WIRE CRESCENT |
| 21 Mar 2023 | £282,663 | £280,000 | 8 STRANDING STREET |
| 17 Feb 2023 | £194,869 | £195,000 | 73 STRANDING STREET |
| 27 Jan 2023 | £164,226 | £165,000 | 85 BRIGHT WIRE CRESCENT |
| 28 Oct 2022 | £165,716 | £167,500 | 10 BRIGHT WIRE CRESCENT |
This house has a floor area of 84 sq meters or 914 sq feet when measured on 23 Jun 2011. Using an estimated price of £311,027 means this house is valued at £3,660 per sq meter (£340 per sq foot).
The average size of a house on STRANDING STREET is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brightwire Crescent |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brightwire Crescent |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Drum Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Drum Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Drum Road |