£616,476
This estimated value is based upon the latest sale price for the house of £480,000 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 7 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in July 2017 the House Price Index for HAMPSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £480,000 results in an estimated price of approximately £616,476.
| 7 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £480,000 | £136,476 | £616,476 |
The Postcode Pricing Model uses changes in average sales price within the PO13 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 | 15.206 % | £72,987 | £552,987 |
| 3 Month Average | 21.041 % | £100,994 | £580,994 |
| 6 Month Average | 20.501 % | £98,406 | £578,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £537,201 | £525,000 | 8 RICHMOND ROAD |
| 23 Aug 2023 | £593,708 | £583,000 | FLAT 15 SOUTHWATER, 30 MARINE PARADE WEST |
| 16 Aug 2023 | £314,675 | £309,000 | 7 MONTSERRAT ROAD |
| 24 Apr 2023 | £687,000 | £674,150 | 16A MARINE PARADE WEST |
| 24 Apr 2023 | £677,675 | £665,000 | 10 MONTSERRAT ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 16 Dec 2016. Using an estimated price of £616,476 means this house is valued at £3,669 per sq meter (£340 per sq foot).
The average size of a house on MONTSERRAT ROAD is 158 sq meters (1,707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Richmond Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Osborne Road |
| Jun 2024 | Drugs | Local resolution | On or near Osborne Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Milvil Road |