£248,432
This estimated value is based upon the latest sale price for the house of £136,000 on 30 Sep 2005. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £136,000 | 30 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2005 the House Price Index for SOUTHAMPTON was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £136,000 results in an estimated price of approximately £248,432.
| 30 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £136,000 | £112,432 | £248,432 |
The Postcode Pricing Model uses changes in average sales price within the SO16 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 | 75.960 % | £103,305 | £239,305 |
| 3 Month Average | 53.958 % | £73,382 | £209,382 |
| 6 Month Average | 50.924 % | £69,257 | £205,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £238,875 | £240,000 | 9 MATHESON ROAD |
| 6 Jan 2023 | £238,875 | £240,000 | 6 FORBES CLOSE |
| 20 Apr 2022 | £242,003 | £235,000 | 35 CHISHOLM CLOSE |
| 1 Apr 2022 | £278,046 | £270,000 | 31 LENNOX CLOSE |
| 3 Mar 2022 | £269,428 | £260,000 | 34 CHISHOLM CLOSE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 10 Jul 2015. Using an estimated price of £248,432 means this house is valued at £2,823 per sq meter (£262 per sq foot).
The average size of a house on FORBES CLOSE is 115 sq meters (1,239 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fraser Close |
| Mar 2024 | Other theft | Under investigation | On or near Buchanan Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buchanan Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sports/Recreation Area |