£673,569
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Feb 1996. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 29 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 February 1996 the House Price Index for HAMPSHIRE was 26.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 461.308%.Applying this 461.308% change to the original purchase price of £120,000 results in an estimated price of approximately £673,569.
| 29 Feb 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.0 | 461.308 % | £120,000 | £553,569 | £673,569 |
The Postcode Pricing Model uses changes in average sales price within the PO14 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 | 507.212 % | £608,654 | £728,654 |
| 3 Month Average | 432.778 % | £519,333 | £639,333 |
| 6 Month Average | 453.462 % | £544,154 | £664,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £424,011 | £420,000 | 1 THE DRIVE |
| 4 Jul 2022 | £579,217 | £580,000 | 11 AVOCET WALK |
| 27 May 2022 | £625,629 | £616,329 | 61 THE DRIVE |
| 14 Apr 2022 | £441,026 | £430,000 | 53 THE DRIVE |
| 8 Apr 2022 | £400,000 | £390,000 | 11 BRAMBLE WAY |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 1 Jun 2012. Using an estimated price of £673,569 means this house is valued at £5,064 per sq meter (£470 per sq foot).
The average size of a house on NEWGATE LANE is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gosport Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Gosport Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gosport Road |
| Jan 2024 | Drugs | Under investigation | On or near Broom Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramble Way |