£224,375
This estimated value is based upon the latest sale price for the house of £45,500 on 18 Dec 1997. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £45,500 | 18 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 1997 the House Price Index for SOUTHAMPTON was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £45,500 results in an estimated price of approximately £224,375.
| 18 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 149.7 | 393.133 % | £45,500 | £178,875 | £224,375 |
The Postcode Pricing Model uses changes in average sales price within the SO17 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 | 270.681 % | £123,160 | £168,660 |
| 3 Month Average | 257.509 % | £117,166 | £162,666 |
| 6 Month Average | 261.112 % | £118,806 | £164,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £434,877 | £425,000 | 35 WESTRIDGE ROAD |
| 21 Sep 2023 | £153,381 | £150,000 | FLAT 3 CHATSWORTH HOUSE, 7 WESTRIDGE ROAD |
| 12 Apr 2023 | £112,097 | £110,000 | FLAT 3 ARUNDEL HOUSE, 21 LAWN ROAD |
| 12 Apr 2023 | £112,097 | £110,000 | FLAT 5 BLENHEIM HOUSE, 5 WESTRIDGE ROAD |
| 12 Apr 2023 | £112,097 | £110,000 | FLAT 6 BLENHEIM HOUSE, 5 WESTRIDGE ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 9 Mar 2021. Using an estimated price of £224,376 means this house is valued at £5,609 per sq meter (£521 per sq foot).
The average size of a house on WESTRIDGE ROAD is 74 sq meters (798 sq feet).