£326,576
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £240,000 | 24 Mar 2016 |
| £69,950 | 24 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,048 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 March 2016 the House Price Index for SOUTHAMPTON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £240,000 results in an estimated price of approximately £326,576.
| 24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £240,000 | £86,576 | £326,576 |
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 | 26.583 % | £63,798 | £303,798 |
| 3 Month Average | 41.583 % | £99,800 | £339,800 |
| 6 Month Average | 41.403 % | £99,368 | £339,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £255,000 | £255,000 | 77B NEWTOWN ROAD |
| 20 Oct 2023 | £199,532 | £195,000 | 25 LAXTON CLOSE |
| 17 Aug 2023 | £178,214 | £175,000 | 48 LAXTON CLOSE |
| 2 Jun 2023 | £268,378 | £263,000 | 22 LAXTON CLOSE |
| 24 Feb 2023 | £193,795 | £192,500 | 47 LAXTON CLOSE |
This house has a floor area of 97 sq meters or 1,048 sq feet when measured on 16 Dec 2010. Using an estimated price of £326,577 means this house is valued at £3,353 per sq meter (£311 per sq foot).
The average size of a house on NEWTOWN ROAD is 100 sq meters (1,080 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laxton Close |
| Jun 2024 | Anti-social behaviour | On or near Laxton Close | |
| Jun 2024 | Anti-social behaviour | On or near Laxton Close | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Laxton Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laxton Close |