£401,247
This estimated value is based upon the latest sale price for the house of £300,000 on 12 May 2016. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£300,000 | 12 May 2016 |
Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 May 2016 the House Price Index for SOUTHAMPTON was 110.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.749%.Applying this 33.749% change to the original purchase price of £300,000 results in an estimated price of approximately £401,247.
12 May 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.0 | 33.749 % | £300,000 | £101,247 | £401,247 |
The Postcode Pricing Model uses changes in average sales price within the SO19 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 | 58.711 % | £176,133 | £476,133 |
3 Month Average | 12.478 % | £37,434 | £337,434 |
6 Month Average | 15.573 % | £46,717 | £346,717 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £265,150 | £263,000 | 22 LAXTON CLOSE |
24 Feb 2023 | £191,594 | £192,500 | 47 LAXTON CLOSE |
14 Feb 2023 | £199,059 | £200,000 | 41 LAXTON CLOSE |
26 Aug 2022 | £246,336 | £248,000 | 21 NEWTOWN ROAD |
19 Aug 2022 | £317,852 | £320,000 | 243 UPPER WESTON LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 13 Jan 2016. Using an estimated price of £401,248 means this house is valued at £5,496 per sq meter (£510 per sq foot).
The average size of a house on UPPER WESTON LANE is 102 sq meters (1,103 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near A3025 | |
Apr 2024 | Anti-social behaviour | On or near The Crescent | |
Feb 2024 | Anti-social behaviour | On or near Upper Weston Lane | |
Feb 2024 | Anti-social behaviour | On or near Upper Weston Lane | |
Feb 2024 | Anti-social behaviour | On or near Upper Weston Lane |