£509,183
This estimated value is based upon the latest sale price for the house of £500,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £500,000 | 18 Aug 2023 |
| £345,000 | 9 Dec 2014 |
| £318,000 | 16 May 2008 |
| £270,000 | 1 Aug 2003 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 August 2023 the House Price Index for SOUTHAMPTON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £500,000 results in an estimated price of approximately £509,183.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £500,000 | £9,183 | £509,183 |
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 | -5.891 % | £-29,452 | £470,547 |
| 3 Month Average | 3.123 % | £15,613 | £515,613 |
| 6 Month Average | 7.207 % | £36,032 | £536,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2024 | £367,500 | £367,500 | 39 GRAFTON GARDENS |
| 31 Oct 2023 | £253,763 | £248,000 | 5 MELVILLE CLOSE |
| 18 Aug 2023 | £509,184 | £500,000 | 459 COXFORD ROAD |
| 7 Oct 2022 | £366,775 | £368,000 | 13 GRAFTON GARDENS |
| 15 Sep 2022 | £299,800 | £300,000 | 29 MELVILLE CLOSE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 24 Jul 2014. Using an estimated price of £509,184 means this house is valued at £3,222 per sq meter (£299 per sq foot).
The average size of a house on COXFORD ROAD is 70 sq meters (755 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Melville Close | |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Melville Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melville Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grafton Gardens |
| Aug 2024 | Anti-social behaviour | On or near Grafton Gardens |