£173,200
This estimated value is based upon the latest sale price for the house of £150,000 on 25 Nov 2020. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 25 Nov 2020 |
| £147,950 | 8 Dec 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 November 2020 the House Price Index for HAMPSHIRE was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £150,000 results in an estimated price of approximately £173,200.
| 25 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £150,000 | £23,200 | £173,200 |
The Postcode Pricing Model uses changes in average sales price within the PO12 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 | -6.321 % | £-9,481 | £140,518 |
| 3 Month Average | -0.184 % | £-276 | £149,723 |
| 6 Month Average | -3.141 % | £-4,712 | £145,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £150,508 | £150,000 | FLAT 8 CALTHORPE HOUSE, 4 SEARLE DRIVE |
| 8 Dec 2023 | £170,730 | £167,500 | FLAT 5 ELIOT HOUSE, 204 HERITAGE WAY |
| 30 Aug 2023 | £171,040 | £170,000 | FLAT 10 CALTHORPE HOUSE, 4 SEARLE DRIVE |
| 4 Aug 2023 | £135,826 | £135,000 | FLAT 3 RUTHERFORD HOUSE, 3 SEARLE DRIVE |
| 13 Jul 2023 | £159,509 | £158,000 | FLAT 1 BRIDPORT HOUSE, 200 HERITAGE WAY |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 11 Mar 2019. Using an estimated price of £173,201 means this house is valued at £3,765 per sq meter (£349 per sq foot).
The average size of a house on SEARLE DRIVE is 57 sq meters (615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Searle Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Searle Drive |
| Mar 2024 | Other crime | Under investigation | On or near Searle Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Searle Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Searle Drive |