£126,870
This estimated value is based upon the latest sale price for the house of £94,995 on 2 Jun 2016. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £94,995 | 2 Jun 2016 |
| £97,500 | 18 Nov 2005 |
| 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 HAMPSHIRE to estimate the market value.
When this house was purchased in June 2016 the House Price Index for HAMPSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £94,995 results in an estimated price of approximately £126,870.
| 2 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £94,995 | £31,875 | £126,870 |
The Postcode Pricing Model uses changes in average sales price within the PO13 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 | -5.819 % | £-5,527 | £89,467 |
| 3 Month Average | 36.203 % | £34,391 | £129,386 |
| 6 Month Average | 36.356 % | £34,536 | £129,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £100,000 | £100,000 | FLAT 1 HOMETIDE HOUSE BEACH ROAD |
| 1 Mar 2024 | £420,000 | £420,000 | 16 HIGH STREET |
| 29 Aug 2023 | £121,059 | £120,000 | FLAT 23 HOMETIDE HOUSE BEACH ROAD |
| 21 Jun 2023 | £106,287 | £105,000 | FLAT 20 HOMERYDE HOUSE, 50 HIGH STREET |
| 12 Apr 2023 | £111,197 | £110,000 | FLAT 26 HOMETIDE HOUSE BEACH ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 7 Apr 2016. Using an estimated price of £126,871 means this house is valued at £3,171 per sq meter (£294 per sq foot).
The average size of a house on BEACH ROAD is 49 sq meters (529 sq feet).