£461,366
This estimated value is based upon the latest sale price for the house of £425,000 on 14 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£425,000 | 14 Sep 2021 |
£285,000 | 7 Jul 2017 |
Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 September 2021 the House Price Index for SOUTHAMPTON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £425,000 results in an estimated price of approximately £461,366.
14 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £425,000 | £36,366 | £461,366 |
The Postcode Pricing Model uses changes in average sales price within the SO16 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 | 10.291 % | £43,737 | £468,737 |
3 Month Average | 20.612 % | £87,601 | £512,601 |
6 Month Average | 18.334 % | £77,920 | £502,920 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £204,508 | £200,000 | FLAT 14 SURREY POINT, 387 - 389 WINCHESTER ROAD |
15 Sep 2023 | £443,783 | £434,000 | 33 ROCKLEIGH ROAD |
29 Aug 2023 | £198,582 | £195,000 | FLAT 2 408 WINCHESTER ROAD |
21 Feb 2023 | £196,311 | £195,000 | FLAT 7 SURREY POINT, 387 - 389 WINCHESTER ROAD |
18 Nov 2022 | £218,976 | £220,000 | FLAT 21 SURREY POINT, 387 - 389 WINCHESTER ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 May 2017. Using an estimated price of £461,367 means this house is valued at £5,303 per sq meter (£492 per sq foot).
The average size of a house on THORNHILL ROAD is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Thornhill Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rockleigh Road |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highclere Road |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highclere Road |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highclere Road |