£191,277
This estimated value is based upon the latest sale price for the house of £190,000 on 20 Feb 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£190,000 | 20 Feb 2023 |
£148,000 | 15 Apr 2002 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 February 2023 the House Price Index for SOUTHAMPTON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £190,000 results in an estimated price of approximately £191,277.
20 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £190,000 | £1,277 | £191,277 |
The Postcode Pricing Model uses changes in average sales price within the SO14 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 | 10.757 % | £20,437 | £210,437 |
3 Month Average | -1.778 % | £-3,377 | £186,622 |
6 Month Average | 13.749 % | £26,122 | £216,122 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £278,131 | £272,000 | 13 BROAD GREEN |
5 Apr 2023 | £147,764 | £145,000 | FLAT 4 KINGSLAND HOUSE NORTH FRONT |
3 Mar 2023 | £270,518 | £266,000 | 10 COSSACK GREEN |
27 Feb 2023 | £164,096 | £163,000 | FLAT 20 KINGSLAND HOUSE NORTH FRONT |
20 Feb 2023 | £191,278 | £190,000 | 3 JOHNSON STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 29 Jan 2015. Using an estimated price of £191,278 means this house is valued at £1,951 per sq meter (£181 per sq foot).
The average size of a house on JOHNSON STREET is 97 sq meters (1,052 sq feet).