£554,825
This estimated value is based upon the latest sale price for the house of £325,000 on 5 Aug 2010. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£325,000 | 5 Aug 2010 |
Detached |
Freehold |
Floor Area: 175 sq meters or 1,889 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTHAMPTON to estimate the market value.
When this house was purchased in August 2010 the House Price Index for SOUTHAMPTON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £325,000 results in an estimated price of approximately £554,825.
5 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.715 % | £325,000 | £229,825 | £554,825 |
The Postcode Pricing Model uses changes in average sales price within the SO16 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 | 50.890 % | £165,390 | £490,390 |
3 Month Average | 57.185 % | £185,852 | £510,852 |
6 Month Average | 58.878 % | £191,353 | £516,353 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £322,803 | £320,000 | 8 NEWITT PLACE |
24 Feb 2023 | £352,354 | £350,000 | 22 NEWITT PLACE |
6 Jan 2023 | £521,393 | £520,000 | 43 NEWITT PLACE |
12 May 2022 | £241,286 | £235,000 | 20 NEWITT PLACE |
28 Apr 2022 | £752,131 | £725,000 | 17 SAXHOLM WAY |
This house has a floor area of 175 sq meters or 1,889 sq feet when measured on 10 Mar 2010. Using an estimated price of £554,825 means this house is valued at £3,160 per sq meter (£293 per sq foot).
The average size of a house on BASSETT AVENUE is 102 sq meters (1,105 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newitt Place |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Newitt Place |
Aug 2024 | Anti-social behaviour | On or near Woodview Close | |
Aug 2024 | Anti-social behaviour | On or near Woodview Close | |
Aug 2024 | Anti-social behaviour | On or near Woodview Close |