£242,458
This estimated value is based upon the latest sale price for the house of £225,000 on 10 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £225,000 | 10 Sep 2021 |
| £190,000 | 6 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2021 the House Price Index for SOUTHAMPTON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £225,000 results in an estimated price of approximately £242,458.
| 10 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £225,000 | £17,458 | £242,458 |
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 | 21.182 % | £47,660 | £272,660 |
| 3 Month Average | 11.535 % | £25,952 | £250,952 |
| 6 Month Average | 3.823 % | £8,601 | £233,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £268,982 | £265,000 | 81 THIRLMERE ROAD |
| 25 Aug 2023 | £123,077 | £122,000 | 11 COWLEY CLOSE |
| 10 Feb 2023 | £219,852 | £220,000 | 86 GREEN LANE |
| 16 May 2022 | £142,689 | £140,000 | 9 COWLEY CLOSE |
| 3 May 2022 | £296,588 | £291,000 | 34 COWLEY CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 May 2021. Using an estimated price of £242,458 means this house is valued at £3,190 per sq meter (£296 per sq foot).
The average size of a house on THIRLMERE ROAD is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Green Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |
| Feb 2024 | Drugs | Under investigation | On or near Green Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |