£279,874
This estimated value is based upon the latest sale price for the house of £223,000 on 19 Jan 2018. 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 Wessex Court
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| Price Paid | Date |
|---|---|
| £223,000 | 19 Jan 2018 |
| £156,000 | 2 Aug 2004 |
| Terraced |
| 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 January 2018 the House Price Index for SOUTHAMPTON was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £223,000 results in an estimated price of approximately £279,874.
| 19 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £223,000 | £56,874 | £279,874 |
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 | -15.599 % | £-34,784 | £188,215 |
| 3 Month Average | 1.037 % | £2,313 | £225,313 |
| 6 Month Average | 7.132 % | £15,903 | £238,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £75,000 | £75,000 | FLAT 8 WESSEX COURT, 71 SOUTH EAST ROAD |
| 14 Sep 2023 | £288,691 | £285,000 | 79 SOUTH EAST ROAD |
| 10 Aug 2023 | £98,865 | £98,000 | FLAT 14 WESSEX COURT, 71 SOUTH EAST ROAD |
| 28 Jun 2023 | £96,165 | £95,000 | FLAT 6 WESSEX COURT, 71 SOUTH EAST ROAD |
| 10 Mar 2023 | £411,376 | £407,500 | 1 KERSLEY GARDENS |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 6 Oct 2017. Using an estimated price of £279,874 means this house is valued at £3,216 per sq meter (£298 per sq foot).
The average size of a house on TORRINGTON CLOSE is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wessex Court |
| Jan 2024 | Other theft | Under investigation | On or near Wessex Court |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wessex Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Compass Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near South East Crescent |