£331,556
This estimated value is based upon the latest sale price for the house of £228,650 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £228,650 | 3 Jul 2015 |
| £176,000 | 11 Apr 2008 |
| Terraced |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 2015 the House Price Index for HAMPSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £228,650 results in an estimated price of approximately £331,556.
| 3 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £228,650 | £102,906 | £331,556 |
The Postcode Pricing Model uses changes in average sales price within the SO50 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 | 91.644 % | £209,543 | £438,193 |
| 3 Month Average | 41.000 % | £93,747 | £322,397 |
| 6 Month Average | 32.417 % | £74,122 | £302,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £235,990 | £230,000 | 40 CHESTNUT AVENUE |
| 12 Oct 2023 | £298,786 | £292,000 | 285 DESBOROUGH ROAD |
| 15 Sep 2023 | £357,889 | £350,000 | 200 CRANBURY ROAD |
| 29 Aug 2023 | £300,418 | £295,000 | 312 DESBOROUGH ROAD |
| 6 Jan 2023 | £300,804 | £300,000 | 261 DESBOROUGH ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 24 Feb 2015. Using an estimated price of £331,557 means this house is valued at £3,603 per sq meter (£334 per sq foot).
The average size of a house on DESBOROUGH ROAD is 96 sq meters (1,034 sq feet).