£245,069
This estimated value is based upon the latest sale price for the house of £197,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £197,000 | 28 Sep 2018 |
| £141,000 | 22 Oct 2010 |
| £120,000 | 24 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 919 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 September 2018 the House Price Index for SOUTHAMPTON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £197,000 results in an estimated price of approximately £245,069.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £197,000 | £48,069 | £245,069 |
The Postcode Pricing Model uses changes in average sales price within the SO16 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 | 24.951 % | £49,153 | £246,153 |
| 3 Month Average | 16.747 % | £32,992 | £229,992 |
| 6 Month Average | 19.884 % | £39,171 | £236,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2024 | £245,000 | £245,000 | 48 ORION CLOSE |
| 7 Dec 2023 | £261,021 | £253,000 | 79 SATURN CLOSE |
| 3 Oct 2023 | £266,042 | £260,000 | 52 MERCURY CLOSE |
| 1 Sep 2023 | £235,184 | £230,000 | 68 ORION CLOSE |
| 22 Aug 2023 | £239,316 | £235,000 | 7 MERCURY CLOSE |
This house has a floor area of 85 sq meters or 919 sq feet when measured on 20 Jan 2010. Using an estimated price of £245,069 means this house is valued at £2,867 per sq meter (£266 per sq foot).
The average size of a house on ORION CLOSE is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Orion Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Orion Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mercury Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Jupiter Close |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Jupiter Close |