1 PENROSE WAY

£855,811

Full Address

1 PENROSE WAY
FOUR MARKS
ALTON
HAMPSHIRE
UNITED KINGDOM
GU34 5XL

Estimated Market Value

£855,811

This estimated value is based upon the latest sale price for the house of £154,950 on 31 Mar 1995. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1

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Transactions for this house
Price PaidDate
£154,95031 Mar 1995
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.

When this house was purchased in March 1995 the House Price Index for HAMPSHIRE was 26.6.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 452.314%.

Applying this 452.314% change to the original purchase price of £154,950 results in an estimated price of approximately £855,811.

31 Mar 1995 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
26.6 146.7 452.314 % £154,950 £700,861 £855,811

The Postcode Pricing Model uses changes in average sales price within the GU34 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 650.956 % £1,008,655 £1,163,605
3 Month Average 477.878 % £740,472 £895,422
6 Month Average 472.400 % £731,984 £886,934
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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