£298,951
This estimated value is based upon the latest sale price for the house of £280,000 on 18 Nov 2021. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
There has been one burglary within the last year on or near Banbury Avenue
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| Price Paid | Date |
|---|---|
| £280,000 | 18 Nov 2021 |
| £250,000 | 11 Sep 2017 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 November 2021 the House Price Index for SOUTHAMPTON was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £280,000 results in an estimated price of approximately £298,951.
| 18 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £280,000 | £18,951 | £298,951 |
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 | -40.297 % | £-112,831 | £167,168 |
| 3 Month Average | -10.437 % | £-29,224 | £250,775 |
| 6 Month Average | -1.390 % | £-3,891 | £276,108 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 May 2017.
The average size of a house on BANBURY AVENUE is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Banbury Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Banbury Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Effingham Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Effingham Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Effingham Gardens |