£346,529
This estimated value is based upon the latest sale price for the house of £340,000 on 25 May 2022. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
There have been three burglaries within the last year on or near Wellow Close
More crime details
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Price Paid | Date |
---|---|
£340,000 | 25 May 2022 |
£210,000 | 24 Oct 2014 |
Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 2022 the House Price Index for SOUTHAMPTON was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £340,000 results in an estimated price of approximately £346,529.
25 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £340,000 | £6,529 | £346,529 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | -2.252 % | £-7,655 | £332,344 |
3 Month Average | -16.451 % | £-55,934 | £284,065 |
6 Month Average | -9.052 % | £-30,777 | £309,222 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £274,808 | £270,000 | 651 BITTERNE ROAD EAST |
8 Dec 2023 | £343,510 | £337,500 | 693 BITTERNE ROAD EAST |
22 Aug 2023 | £151,324 | £150,000 | 29 HOLMSLEY CLOSE |
21 Apr 2023 | £262,830 | £260,000 | 28 MON CRESCENT |
26 Aug 2022 | £124,664 | £125,000 | 26 HOLMSLEY CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 6 Nov 2015. Using an estimated price of £346,529 means this house is valued at £4,278 per sq meter (£397 per sq foot).
The average size of a house on MON CRESCENT is 75 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellow Close |
Mar 2024 | Burglary | Under investigation | On or near Wellow Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellow Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Holmsley Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmsley Close |