£449,879
This estimated value is based upon the latest sale price for the house of £365,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
There have been two burglaries within the last year on or near Mead Crescent
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| Price Paid | Date |
|---|---|
| £365,000 | 21 Feb 2020 |
| £260,000 | 4 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 February 2020 the House Price Index for SOUTHAMPTON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £365,000 results in an estimated price of approximately £449,879.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £365,000 | £84,879 | £449,879 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | 23.946 % | £87,404 | £452,404 |
| 3 Month Average | 15.123 % | £55,197 | £420,197 |
| 6 Month Average | 6.574 % | £23,995 | £388,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £382,500 | £382,500 | 41 MEAD CRESCENT |
| 23 Apr 2024 | £405,522 | £402,000 | 11 MEAD CRESCENT |
| 17 Mar 2023 | £351,673 | £345,800 | 311 WOODMILL LANE |
| 2 Mar 2023 | £94,579 | £93,000 | FLAT 4 ALBERMARLE COURT HAREFIELD ROAD |
| 8 Aug 2022 | £406,903 | £405,000 | 45 MEAD CRESCENT |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 19 Aug 2019. Using an estimated price of £449,880 means this house is valued at £4,089 per sq meter (£379 per sq foot).
The average size of a house on MEAD CRESCENT is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Mead Crescent |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Mead Crescent |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Mead Crescent |
| May 2024 | Drugs | Local resolution | On or near Mead Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mead Crescent |