£304,880
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Feb 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£245,000 | 27 Feb 2019 |
£153,000 | 25 May 2010 |
£116,000 | 19 Aug 2002 |
£41,000 | 30 Nov 1995 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,072 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 2019 the House Price Index for SOUTHAMPTON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £245,000 results in an estimated price of approximately £304,880.
27 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £245,000 | £59,880 | £304,880 |
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 | -0.823 % | £-2,016 | £242,983 |
3 Month Average | 25.522 % | £62,527 | £307,527 |
6 Month Average | 27.727 % | £67,930 | £312,930 |
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 |
18 Aug 2023 | £249,500 | £245,000 | 12 MERRYOAK GREEN |
16 Jun 2023 | £244,908 | £240,000 | 30 ACACIA ROAD |
8 Mar 2023 | £284,705 | £279,950 | 10 MERRYOAK GREEN |
This house has a floor area of 99 sq meters or 1,072 sq feet when measured on 3 Mar 2010. Using an estimated price of £304,881 means this house is valued at £3,060 per sq meter (£284 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 | Other crime | Further investigation is not in the public interest | On or near Lavender Close |
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 |
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 |