£205,113
This estimated value is based upon the latest sale price for the house of £136,000 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£136,000 | 24 Oct 2014 |
£197,000 | 23 Oct 2014 |
£131,000 | 16 Dec 2003 |
£49,500 | 2 Jun 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 October 2014 the House Price Index for SOUTHAMPTON was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £136,000 results in an estimated price of approximately £205,113.
24 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £136,000 | £69,113 | £205,113 |
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 | 5.859 % | £7,967 | £143,967 |
3 Month Average | 21.326 % | £29,003 | £165,003 |
6 Month Average | 23.787 % | £32,350 | £168,350 |
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 5 BLENHEIM HOUSE, 5 WESTRIDGE ROAD |
12 Apr 2023 | £112,097 | £110,000 | FLAT 6 BLENHEIM HOUSE, 5 WESTRIDGE ROAD |
12 Apr 2023 | £112,097 | £110,000 | FLAT 3 ARUNDEL HOUSE, 21 LAWN ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 23 Nov 2014. Using an estimated price of £205,114 means this house is valued at £3,418 per sq meter (£317 per sq foot).
The average size of a house on WESTRIDGE ROAD is 74 sq meters (798 sq feet).