£106,137
This estimated value is based upon the latest sale price for the house of £76,125 on 16 Dec 2015. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £76,125 | 16 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 December 2015 the House Price Index for SOUTHAMPTON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £76,125 results in an estimated price of approximately £106,137.
| 16 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £76,125 | £30,012 | £106,137 |
The Postcode Pricing Model uses changes in average sales price within the SO19 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 | 19.508 % | £14,850 | £90,975 |
| 3 Month Average | 37.230 % | £28,341 | £104,466 |
| 6 Month Average | 44.411 % | £33,807 | £109,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £292,540 | £290,000 | 3 BOWER CLOSE |
| 15 Mar 2024 | £223,433 | £220,000 | 23 WALLACE ROAD |
| 27 Oct 2023 | £245,578 | £240,000 | 16 BOWER CLOSE |
| 1 Sep 2023 | £286,311 | £280,000 | 52 BURGHCLERE ROAD |
| 9 Jun 2023 | £198,988 | £195,000 | 26 BOWER CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 31 Aug 2021. Using an estimated price of £106,138 means this house is valued at £1,453 per sq meter (£135 per sq foot).
The average size of a house on WALLACE ROAD is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Kingsclere Avenue |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Kingsclere Avenue |
| Aug 2024 | Drugs | Unable to prosecute suspect | On or near Kingsclere Avenue |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Bower Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bower Close |