£1,003,145
This estimated value is based upon the latest sale price for the house of £585,000 on 30 Jul 2012. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £585,000 | 30 Jul 2012 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 July 2012 the House Price Index for HAMPSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £585,000 results in an estimated price of approximately £1,003,145.
| 30 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £585,000 | £418,145 | £1,003,145 |
The Postcode Pricing Model uses changes in average sales price within the SO41 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 | 46.376 % | £271,298 | £856,298 |
| 3 Month Average | 52.081 % | £304,674 | £889,674 |
| 6 Month Average | 65.565 % | £383,553 | £968,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £71,286 | £70,000 | FLAT 22 HOMEWOOD HOUSE MILFORD ROAD |
| 31 Aug 2023 | £73,322 | £72,000 | FLAT 18 HOMEWOOD HOUSE MILFORD ROAD |
| 15 Jun 2023 | £1,122,495 | £1,100,000 | 62 MILFORD ROAD |
| 26 Jul 2022 | £479,808 | £475,000 | 27 GRAFTON GARDENS |
| 13 Dec 2021 | £482,990 | £447,500 | 45 GRAFTON GARDENS |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 3 Aug 2011. Using an estimated price of £1,003,146 means this house is valued at £6,964 per sq meter (£647 per sq foot).
The average size of a house on MILFORD ROAD is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Under investigation | On or near Genoa Close |
| Jun 2024 | Criminal damage and arson | Local resolution | On or near Grafton Gardens |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near West Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near West Way |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near West Way |