£863,236
This estimated value is based upon the latest sale price for the house of £250,000 on 18 May 2001. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 18 May 2001 |
| Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 May 2001 the House Price Index for HAMPSHIRE was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £250,000 results in an estimated price of approximately £863,236.
| 18 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £250,000 | £613,236 | £863,236 |
The Postcode Pricing Model uses changes in average sales price within the SO22 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 | 254.146 % | £635,364 | £885,364 |
| 3 Month Average | 236.661 % | £591,652 | £841,652 |
| 6 Month Average | 232.083 % | £580,207 | £830,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £510,000 | £510,000 | 18 VERNHAM ROAD |
| 15 Mar 2024 | £761,703 | £750,000 | 40 BEREWEEKE AVENUE |
| 25 Oct 2023 | £690,687 | £675,000 | 2 LYNCH CLOSE |
| 24 Aug 2023 | £941,990 | £925,000 | 32 BEREWEEKE AVENUE |
| 17 Jan 2022 | £876,784 | £827,000 | 39 BEREWEEKE AVENUE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 24 Apr 2018. Using an estimated price of £863,237 means this house is valued at £5,605 per sq meter (£520 per sq foot).
The average size of a house on VERNHAM ROAD is 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wessex Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Wessex Drive |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Wessex Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Symonds Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Lynch Close |