£8,938,853
This estimated value is based upon the latest sale price for the house of £7,265,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £7,265,000 | 29 Mar 2019 |
| £159,950 | 9 Dec 2005 |
| Leasehold |
| Floor Area: 66 sq meters or 714 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 March 2019 the House Price Index for SOUTHAMPTON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £7,265,000 results in an estimated price of approximately £8,938,853.
| 29 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £7,265,000 | £1,673,853 | £8,938,853 |
The Postcode Pricing Model uses changes in average sales price within the SO14 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 | -16.839 % | £-1,223,357 | £6,041,642 |
| 3 Month Average | 1.635 % | £118,746 | £7,383,746 |
| 6 Month Average | 4.592 % | £333,617 | £7,598,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £186,385 | £185,000 | FLAT 15 COLUMBUS HOUSE THE COMPASS |
| 25 Oct 2022 | £142,876 | £145,000 | FLAT 13 COLUMBUS HOUSE THE COMPASS |
| 4 Feb 2022 | £156,669 | £150,000 | FLAT 10 HAWKE HOUSE THE COMPASS |
| 22 Dec 2021 | £144,052 | £135,000 | FLAT 7 COLUMBUS HOUSE THE COMPASS |
| 10 Dec 2021 | £178,198 | £167,000 | FLAT 1 50 CHAPEL ROAD |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 6 Nov 2009. Using an estimated price of £8,938,854 means this house is valued at £134,621 per sq meter (£12,506 per sq foot).
The average size of a house on CHAPEL ROAD is 65 sq meters (707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nelson Street |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Nelson Street |
| Apr 2024 | Other theft | Under investigation | On or near Granville Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Granville Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Granville Street |