£282,505
This estimated value is based upon the latest sale price for the house of £225,000 on 29 Nov 2017. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £225,000 | 29 Nov 2017 |
| £35,000 | 11 Jul 2003 |
| £105,000 | 23 Aug 2002 |
| Terraced |
| Freehold |
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 November 2017 the House Price Index for SOUTHAMPTON was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £225,000 results in an estimated price of approximately £282,505.
| 29 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £225,000 | £57,505 | £282,505 |
The Postcode Pricing Model uses changes in average sales price within the SO15 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 | 13.225 % | £29,755 | £254,755 |
| 3 Month Average | -5.770 % | £-12,983 | £212,016 |
| 6 Month Average | 1.296 % | £2,916 | £227,916 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £141,821 | £140,000 | FLAT 8 WEST HILL COURT HILL LANE |
| 24 Mar 2023 | £191,033 | £190,000 | FLAT 10 37 COMMERCIAL ROAD |
| 24 Feb 2023 | £84,600 | £85,000 | FLAT 99 WYNDHAM COURT COMMERCIAL ROAD |
| 24 Feb 2023 | £84,600 | £85,000 | FLAT 47 WYNDHAM COURT COMMERCIAL ROAD |
| 30 May 2022 | £144,143 | £142,000 | FLAT 86 WYNDHAM COURT COMMERCIAL ROAD |