£262,482
This estimated value is based upon the latest sale price for the house of £260,000 on 18 Jul 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £260,000 | 18 Jul 2023 |
| £39,950 | 15 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2023 the House Price Index for SOUTHAMPTON was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £260,000 results in an estimated price of approximately £262,482.
| 18 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £260,000 | £2,482 | £262,482 |
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 | -3.363 % | £-8,743 | £251,256 |
| 3 Month Average | -19.626 % | £-51,026 | £208,973 |
| 6 Month Average | -9.991 % | £-25,977 | £234,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £150,918 | £150,000 | 29 HOLMSLEY CLOSE |
| 17 Aug 2023 | £201,224 | £200,000 | 62 MANSFIELD PARK STREET |
| 18 Jul 2023 | £262,483 | £260,000 | 70 SOMERSET AVENUE |
| 26 Jan 2023 | £309,283 | £312,000 | 31 MANSFIELD PARK STREET |
| 26 Aug 2022 | £124,161 | £125,000 | 26 HOLMSLEY CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 May 2019. Using an estimated price of £262,483 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on SOMERSET AVENUE is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Somerset Avenue |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Somerset Avenue |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Somerset Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerset Avenue |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Somerset Avenue |