£404,473
This estimated value is based upon the latest sale price for the house of £287,475 on 22 Oct 2015. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
There has been one burglary within the last year on or near Alder Close
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| Price Paid | Date |
|---|---|
| £287,475 | 22 Oct 2015 |
| £235,000 | 8 Oct 2004 |
| Detached |
| Freehold |
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 October 2015 the House Price Index for HAMPSHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £287,475 results in an estimated price of approximately £404,473.
| 22 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £287,475 | £116,998 | £404,473 |
The Postcode Pricing Model uses changes in average sales price within the SO40 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 | 29.683 % | £85,331 | £372,806 |
| 3 Month Average | 25.984 % | £74,697 | £362,172 |
| 6 Month Average | 30.558 % | £87,846 | £375,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £487,213 | £480,000 | 31 BILBERRY DRIVE |
| 19 Jul 2023 | £352,241 | £347,500 | 26 THE ROWANS |
| 29 Jun 2023 | £312,789 | £309,000 | 2 CRANBERRY CLOSE |
| 31 Mar 2023 | £350,805 | £347,500 | 22 CRANBERRY CLOSE |
| 10 Feb 2023 | £419,668 | £419,950 | 7 THE RUSHES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Alder Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Rushes |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melick Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kingfisher Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cork Lane |