£355,428
This estimated value is based upon the latest sale price for the house of £270,000 on 16 Jan 2017. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 16 Jan 2017 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in January 2017 the House Price Index for HAMPSHIRE was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £270,000 results in an estimated price of approximately £355,428.
| 16 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £270,000 | £85,428 | £355,428 |
The Postcode Pricing Model uses changes in average sales price within the RG22 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 | 15.175 % | £40,971 | £310,971 |
| 3 Month Average | 22.175 % | £59,873 | £329,873 |
| 6 Month Average | 26.026 % | £70,269 | £340,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £330,145 | £320,000 | 4 RAVEL CLOSE |
| 1 Dec 2023 | £464,266 | £450,000 | 24 CUMBERLAND AVENUE |
| 9 Nov 2022 | £238,883 | £240,000 | 20 RAVEL CLOSE |
| 26 Aug 2022 | £371,738 | £370,000 | 5 GRIEG CLOSE |
| 28 Apr 2022 | £363,098 | £350,000 | 8 RAVEL CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Nov 2016. Using an estimated price of £355,429 means this house is valued at £4,936 per sq meter (£458 per sq foot).
The average size of a house on RAVEL CLOSE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravel Close |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Walton Close |
| Aug 2024 | Anti-social behaviour | On or near Walton Close | |
| Aug 2024 | Anti-social behaviour | On or near Walton Close | |
| Aug 2024 | Anti-social behaviour | On or near Walton Close |