£275,545
This estimated value is based upon the latest sale price for the house of £215,000 on 12 May 2017. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £215,000 | 12 May 2017 |
| Detached |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 May 2017 the House Price Index for SOUTHAMPTON was 115.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.161%.Applying this 28.161% change to the original purchase price of £215,000 results in an estimated price of approximately £275,545.
| 12 May 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.0 | 28.161 % | £215,000 | £60,545 | £275,545 |
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 | 28.061 % | £60,330 | £275,330 |
| 3 Month Average | 3.435 % | £7,385 | £222,385 |
| 6 Month Average | 7.911 % | £17,008 | £232,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £383,629 | £380,000 | 269 SPRING ROAD |
| 2 Jun 2023 | £186,512 | £185,000 | FLAT 7 THE GREENFINCHES, 273 SPRING ROAD |
| 31 Mar 2023 | £261,413 | £260,000 | 189E PORTSMOUTH ROAD |
| 16 Jan 2023 | £267,649 | £270,000 | 173 PORTSMOUTH ROAD |
| 24 Jun 2022 | £174,771 | £173,000 | FLAT 2 THE GREENFINCHES, 273 SPRING ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 21 May 2013. Using an estimated price of £275,546 means this house is valued at £3,880 per sq meter (£360 per sq foot).
The average size of a house on SPRING ROAD is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Station Road |
| Apr 2024 | Other theft | Under investigation | On or near Station Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Road |
| Apr 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Station Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |