£158,271
This estimated value is based upon the latest sale price for the house of £151,000 on 13 Jan 2022. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £151,000 | 13 Jan 2022 |
| £130,000 | 14 Jan 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 January 2022 the House Price Index for SOUTHAMPTON was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £151,000 results in an estimated price of approximately £158,271.
| 13 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £151,000 | £7,271 | £158,271 |
The Postcode Pricing Model uses changes in average sales price within the SO14 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 | 14.667 % | £22,147 | £173,147 |
| 3 Month Average | 29.710 % | £44,861 | £195,861 |
| 6 Month Average | -9.495 % | £-14,336 | £136,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £352,141 | £350,000 | 54 CAMBRIDGE ROAD |
| 12 Apr 2023 | £327,434 | £325,000 | 70 ALMA ROAD |
| 31 Mar 2022 | £175,453 | £170,000 | FLAT 1 CAMBRIDGE COURT ALMA ROAD |
| 13 Jan 2022 | £158,272 | £151,000 | FLAT 5 CAMBRIDGE COURT ALMA ROAD |
| 3 Dec 2021 | £298,774 | £280,000 | 66 CAMBRIDGE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 9 Nov 2019. Using an estimated price of £158,272 means this house is valued at £2,293 per sq meter (£213 per sq foot).
The average size of a house on ALMA ROAD is 114 sq meters (1,234 sq feet).