£116,733
This estimated value is based upon the latest sale price for the house of £108,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £108,000 | 30 Jun 2021 |
| £84,500 | 5 Apr 2007 |
| 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 June 2021 the House Price Index for SOUTHAMPTON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £108,000 results in an estimated price of approximately £116,733.
| 30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £108,000 | £8,733 | £116,733 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | -14.777 % | £-15,958 | £92,041 |
| 3 Month Average | -4.403 % | £-4,755 | £103,244 |
| 6 Month Average | -8.625 % | £-9,314 | £98,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £255,635 | £250,000 | 19 HINKLER ROAD |
| 25 Aug 2023 | £269,867 | £265,000 | 7 HINKLER ROAD |
| 17 Mar 2023 | £371,199 | £365,000 | 15 HINKLER ROAD |
| 30 Aug 2022 | £318,489 | £317,000 | 7A HINKLER ROAD |
| 8 Jul 2022 | £297,986 | £295,000 | 9 SOLENT AVENUE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 26 Oct 2020. Using an estimated price of £116,734 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on SIMON WAY is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Simon Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Simon Way |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Simon Way |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Simon Way |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Candy Lane |