£286,053
This estimated value is based upon the latest sale price for the house of £208,000 on 26 Feb 2016. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £208,000 | 26 Feb 2016 |
| £168,000 | 29 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2016 the House Price Index for SOUTHAMPTON was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £208,000 results in an estimated price of approximately £286,053.
| 26 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £208,000 | £78,053 | £286,053 |
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 | 113.958 % | £237,032 | £445,032 |
| 3 Month Average | 48.714 % | £101,324 | £309,324 |
| 6 Month Average | 34.643 % | £72,057 | £280,057 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £252,231 | £248,356 | 22 CAPON CLOSE |
| 23 Jan 2023 | £230,616 | £230,000 | 59 MONKS WAY |
| 25 Aug 2022 | £261,221 | £260,000 | 51 MANSBRIDGE ROAD |
| 24 Jun 2022 | £263,635 | £258,000 | 9 CLAUDE ASHBY CLOSE |
| 25 May 2022 | £264,901 | £258,000 | 8 GRANGE CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 30 Jan 2013. Using an estimated price of £286,054 means this house is valued at £3,250 per sq meter (£301 per sq foot).
The average size of a house on OCTAVIA ROAD is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Gilbury Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Gilbury Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilbury Close |
| Jul 2024 | Anti-social behaviour | On or near Gilbury Close | |
| Jul 2024 | Anti-social behaviour | On or near Gilbury Close |