£317,870
This estimated value is based upon the latest sale price for the house of £247,500 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £247,500 | 28 Jul 2017 |
| £185,000 | 2 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2017 the House Price Index for SOUTHAMPTON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £247,500 results in an estimated price of approximately £317,870.
| 28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £247,500 | £70,370 | £317,870 |
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 | 8.540 % | £21,135 | £268,635 |
| 3 Month Average | 21.741 % | £53,809 | £301,309 |
| 6 Month Average | 26.605 % | £65,847 | £313,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £267,000 | £267,000 | 57 MERRYOAK ROAD |
| 15 Sep 2023 | £262,793 | £257,000 | 126 MAGNOLIA ROAD |
| 8 Mar 2023 | £284,705 | £279,950 | 10 MERRYOAK GREEN |
| 2 Mar 2023 | £282,721 | £278,000 | 70A MERRYOAK ROAD |
| 25 Aug 2022 | £266,245 | £265,000 | 12 CORNEL ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 Jun 2016. Using an estimated price of £317,871 means this house is valued at £3,739 per sq meter (£347 per sq foot).
The average size of a house on MERRYOAK ROAD is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lavender Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lavender Close |
| Sep 2024 | Other crime | Further investigation is not in the public interest | On or near Lavender Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Lavender Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Close |