£330,558
This estimated value is based upon the latest sale price for the house of £233,000 on 3 Sep 2015. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £233,000 | 3 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2015 the House Price Index for SOUTHAMPTON was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £233,000 results in an estimated price of approximately £330,558.
| 3 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £233,000 | £97,558 | £330,558 |
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 | 36.484 % | £85,007 | £318,007 |
| 3 Month Average | 28.725 % | £66,929 | £299,929 |
| 6 Month Average | 21.398 % | £49,856 | £282,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £391,856 | £385,000 | 1 BRACKEN LANE |
| 18 Dec 2023 | £106,870 | £105,000 | FLAT 1 ROMSEY LODGE, 155 ROMSEY ROAD |
| 6 Nov 2023 | £380,635 | £375,000 | 2 OLD MILL WAY |
| 29 Sep 2023 | £349,468 | £345,000 | 6 OLD MILL WAY |
| 26 Jul 2023 | £216,920 | £214,000 | 126 WARREN CRESCENT |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 6 May 2015. Using an estimated price of £330,558 means this house is valued at £3,516 per sq meter (£326 per sq foot).
The average size of a house on OLD MILL WAY is 117 sq meters (1,262 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Old Mill Way | |
| Mar 2024 | Possession of weapons | Under investigation | On or near Old Mill Way |
| Jan 2024 | Anti-social behaviour | On or near Old Mill Way | |
| Jan 2024 | Anti-social behaviour | On or near Old Mill Way | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Mill Way |