£202,356
This estimated value is based upon the latest sale price for the house of £53,500 on 5 May 2000. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£53,500 | 5 May 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 May 2000 the House Price Index for SOUTHAMPTON was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £53,500 results in an estimated price of approximately £202,356.
5 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 148.6 | 278.236 % | £53,500 | £148,856 | £202,356 |
The Postcode Pricing Model uses changes in average sales price within the SO15 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 | 184.242 % | £98,569 | £152,069 |
3 Month Average | 157.435 % | £84,227 | £137,727 |
6 Month Average | 190.703 % | £102,025 | £155,525 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £126,878 | £125,000 | FLAT 7 WINSOR HOUSE PAYNES ROAD |
29 Sep 2023 | £121,554 | £120,000 | FLAT 15 WINSOR HOUSE PAYNES ROAD |
31 Aug 2023 | £58,512 | £58,000 | FLAT 24 LAKE HOUSE PAYNES ROAD |
7 Jul 2023 | £258,479 | £255,000 | 29 FOUNDRY LANE |
31 Mar 2023 | £126,189 | £125,000 | FLAT 1 WINSOR HOUSE PAYNES ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 22 Nov 2016. Using an estimated price of £202,356 means this house is valued at £5,325 per sq meter (£494 per sq foot).
The average size of a house on PAYNES ROAD is 62 sq meters (673 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Lakelands Drive |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Lakelands Drive |
Mar 2024 | Vehicle crime | Under investigation | On or near Lakelands Drive |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lakelands Drive |
Jan 2024 | Anti-social behaviour | On or near Lakelands Drive |