£145,159
This estimated value is based upon the latest sale price for the house of £117,500 on 23 Oct 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
There has been one burglary within the last year on or near Vale Drive
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Price Paid | Date |
---|---|
£117,500 | 23 Oct 2019 |
£106,000 | 16 Dec 2014 |
£118,500 | 29 Aug 2013 |
£99,000 | 8 Jun 2006 |
£82,000 | 13 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 October 2019 the House Price Index for SOUTHAMPTON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £117,500 results in an estimated price of approximately £145,159.
23 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £117,500 | £27,659 | £145,159 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | 8.440 % | £9,917 | £127,417 |
3 Month Average | 7.135 % | £8,383 | £125,883 |
6 Month Average | 4.067 % | £4,778 | £122,278 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Apr 2024 | £71,118 | £70,500 | 82 WITTS HILL |
8 Dec 2023 | £159,914 | £155,000 | 60 WITTS HILL |
8 Mar 2023 | £180,860 | £177,840 | 46 VALE DRIVE |
6 Mar 2023 | £173,904 | £171,000 | 47 VALE DRIVE |
3 Feb 2023 | £166,110 | £165,000 | 55 VALE DRIVE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 25 Apr 2019. Using an estimated price of £145,160 means this house is valued at £3,225 per sq meter (£299 per sq foot).
The average size of a house on VALE DRIVE is 49 sq meters (538 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vale Drive |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vale Drive |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Vale Drive |
May 2024 | Anti-social behaviour | On or near Vale Drive | |
May 2024 | Anti-social behaviour | On or near Vale Drive |