£433,349
This estimated value is based upon the latest sale price for the house of £358,750 on 11 Aug 2020. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£358,750 | 11 Aug 2020 |
£299,995 | 17 Feb 2012 |
£425,000 | 24 Jul 2006 |
£350,000 | 28 Mar 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 111 sq meters or 1,196 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 August 2020 the House Price Index for SOUTHAMPTON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £358,750 results in an estimated price of approximately £433,349.
11 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £358,750 | £74,599 | £433,349 |
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 | 18.615 % | £66,781 | £425,531 |
3 Month Average | 2.621 % | £9,402 | £368,152 |
6 Month Average | 19.601 % | £70,320 | £429,070 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £171,489 | £170,000 | FLAT 41 8 OGLE ROAD |
22 Sep 2023 | £178,485 | £174,550 | FLAT 44 8 OGLE ROAD |
24 Mar 2023 | £264,416 | £260,000 | FLAT 3 12 PORTLAND TERRACE |
30 Jan 2023 | £219,587 | £219,000 | FLAT 5 WEST CENTRAL, 20 PORTLAND STREET |
13 Jan 2023 | £169,453 | £169,000 | FLAT 48 8 OGLE ROAD |
This house has a floor area of 111 sq meters or 1,196 sq feet when measured on 30 Apr 2010. Using an estimated price of £433,349 means this house is valued at £3,899 per sq meter (£362 per sq foot).
The average size of a house on PORTLAND STREET is 82 sq meters (887 sq feet).