£528,530
This estimated value is based upon the latest sale price for the house of £525,000 on 2 Feb 2023. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
There has been one burglary within the last year on or near Spring Vale
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| Price Paid | Date |
|---|---|
| £525,000 | 2 Feb 2023 |
| £500,000 | 30 Sep 2021 |
| £393,000 | 27 Jul 2018 |
| £110,000 | 30 Oct 2003 |
| Detached |
| Freehold |
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 February 2023 the House Price Index for HAMPSHIRE was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £525,000 results in an estimated price of approximately £528,530.
| 2 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £525,000 | £3,530 | £528,530 |
The Postcode Pricing Model uses changes in average sales price within the SO32 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 | -21.952 % | £-115,250 | £409,749 |
| 3 Month Average | -19.691 % | £-103,378 | £421,621 |
| 6 Month Average | -9.973 % | £-52,359 | £472,640 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £814,694 | £800,000 | MEON VIEW SPRING LANE |
| 2 Feb 2023 | £835,582 | £830,000 | NORTHDENE CHURCH ROAD |
| 2 Feb 2023 | £528,531 | £525,000 | RENAISSANCE OLD SPRING LANE |
| 9 Jan 2023 | £325,871 | £325,000 | 11 BEVERLEY GARDENS |
| 10 Aug 2022 | £929,346 | £925,000 | MEADOW HOUSE CHAPEL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Spring Vale |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Spring Vale |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Vale |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spring Vale |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Sports/Recreation Area |