£155,141
This estimated value is based upon the latest sale price for the house of £134,000 on 14 Jul 2021. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £134,000 | 14 Jul 2021 |
| £110,000 | 15 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 July 2021 the House Price Index for SOUTHAMPTON was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £134,000 results in an estimated price of approximately £155,141.
| 14 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £134,000 | £21,141 | £155,141 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | -0.806 % | £-1,080 | £132,919 |
| 3 Month Average | 2.544 % | £3,409 | £137,409 |
| 6 Month Average | -2.753 % | £-3,689 | £130,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £259,995 | £256,000 | 93 KINGSDOWN WAY |
| 7 Dec 2023 | £200,150 | £194,000 | 212 MEGGESON AVENUE |
| 20 Oct 2023 | £332,553 | £325,000 | 194 MEGGESON AVENUE |
| 5 Oct 2023 | £243,019 | £237,500 | 15 COACHMANS COPSE |
| 22 Aug 2023 | £249,500 | £245,000 | 113 KINGSDOWN WAY |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 2 Nov 2018. Using an estimated price of £155,142 means this house is valued at £2,674 per sq meter (£248 per sq foot).
The average size of a house on MEGGESON AVENUE is 81 sq meters (878 sq feet).