£537,200
This estimated value is based upon the latest sale price for the house of £525,000 on 2 Oct 2023. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £525,000 | 2 Oct 2023 |
| £377,000 | 10 Feb 2012 |
| £324,000 | 2 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 832 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 October 2023 the House Price Index for HAMPSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £525,000 results in an estimated price of approximately £537,200.
| 2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £525,000 | £12,200 | £537,200 |
The Postcode Pricing Model uses changes in average sales price within the PO13 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 | -0.384 % | £-2,013 | £522,986 |
| 3 Month Average | -10.183 % | £-53,459 | £471,540 |
| 6 Month Average | -2.562 % | £-13,452 | £511,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £537,201 | £525,000 | 8 RICHMOND ROAD |
| 23 Aug 2023 | £593,708 | £583,000 | FLAT 15 SOUTHWATER, 30 MARINE PARADE WEST |
| 16 Aug 2023 | £314,675 | £309,000 | 7 MONTSERRAT ROAD |
| 24 Apr 2023 | £677,675 | £665,000 | 10 MONTSERRAT ROAD |
| 10 Feb 2023 | £302,012 | £299,995 | 27 RICHMOND ROAD |
This house has a floor area of 77 sq meters or 832 sq feet when measured on 16 Aug 2011. Using an estimated price of £537,201 means this house is valued at £6,943 per sq meter (£645 per sq foot).
The average size of a house on RICHMOND ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Richmond Road |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Osborne Road |
| Jun 2024 | Drugs | Local resolution | On or near Osborne Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Milvil Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norwich Place |