£194,364
This estimated value is based upon the latest sale price for the house of £189,950 on 2 Oct 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £189,950 | 2 Oct 2023 |
| £181,000 | 2 Jun 2017 |
| £158,000 | 8 Oct 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2023 the House Price Index for SOUTHAMPTON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £189,950 results in an estimated price of approximately £194,364.
| 2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £189,950 | £4,414 | £194,364 |
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 | 128.653 % | £244,377 | £434,327 |
| 3 Month Average | 3.745 % | £7,114 | £197,064 |
| 6 Month Average | 0.235 % | £445 | £190,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £194,364 | £189,950 | FLAT 18 COLUMBUS HOUSE THE COMPASS |
| 22 Jun 2023 | £145,924 | £143,000 | FLAT 32 RALEIGH HOUSE THE COMPASS |
| 28 Apr 2023 | £138,592 | £136,000 | FLAT 15 RALEIGH HOUSE THE COMPASS |
| 14 Apr 2023 | £188,526 | £185,000 | FLAT 15 COLUMBUS HOUSE THE COMPASS |
| 25 Oct 2022 | £144,517 | £145,000 | FLAT 13 COLUMBUS HOUSE THE COMPASS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 Jul 2020. Using an estimated price of £194,364 means this house is valued at £2,776 per sq meter (£257 per sq foot).
The average size of a house on THE COMPASS is 81 sq meters (875 sq feet).