£388,819
This estimated value is based upon the latest sale price for the house of £274,000 on 7 Apr 2016. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£274,000 | 7 Apr 2016 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 April 2016 the House Price Index for SOUTHAMPTON was 73.5.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 41.905%.Applying this 41.905% change to the original purchase price of £274,000 results in an estimated price of approximately £388,819.
7 Apr 2016 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.5 | 104.3 | 41.905 % | £274,000 | £114,819 | £388,819 |
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 | 38.683 % | £105,990 | £379,990 |
3 Month Average | 35.929 % | £98,444 | £372,444 |
6 Month Average | 36.388 % | £99,703 | £373,703 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jan 2025 | £412,683 | £402,000 | 7 MARGAM AVENUE |
12 Dec 2024 | £268,229 | £260,000 | 46 ACACIA ROAD |
29 Aug 2024 | £294,099 | £280,000 | 15 PYCROFT CLOSE |
27 Jun 2023 | £354,726 | £335,000 | 100 MERRYOAK ROAD |
16 Jun 2023 | £254,132 | £240,000 | 30 ACACIA ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 9 Jan 2017. Using an estimated price of £388,819 means this house is valued at £3,267 per sq meter (£303 per sq foot).
The average size of a house on MARGAM AVENUE is 101 sq meters (1,090 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Public order | Unable to prosecute suspect | On or near Acacia Road |
Feb 2025 | Violence and sexual offences | Action to be taken by another organisation | On or near Pycroft Close |
Mar 2025 | Public order | Under investigation | On or near Sports/Recreation Area |
Mar 2025 | Possession of weapons | Under investigation | On or near Sports/Recreation Area |
Feb 2025 | Violence and sexual offences | Local resolution | On or near Sports/Recreation Area |