£509,593
This estimated value is based upon the latest sale price for the house of £317,500 on 9 Dec 2013. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £317,500 | 9 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 December 2013 the House Price Index for SOUTHAMPTON was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £317,500 results in an estimated price of approximately £509,593.
| 9 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £317,500 | £192,093 | £509,593 |
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 | 61.286 % | £194,582 | £512,082 |
| 3 Month Average | 37.727 % | £119,783 | £437,283 |
| 6 Month Average | 35.840 % | £113,791 | £431,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £111,959 | £110,000 | 53 CHESTNUT LODGE SHERWOOD CLOSE |
| 15 Nov 2023 | £474,525 | £467,500 | 17 BUTTERFIELD ROAD |
| 30 Aug 2023 | £70,618 | £70,000 | 37 CHESTNUT LODGE SHERWOOD CLOSE |
| 30 Aug 2022 | £94,745 | £95,000 | 8 CHESTNUT LODGE SHERWOOD CLOSE |
| 12 Aug 2022 | £326,621 | £327,500 | 52 BURGESS ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 14 Jul 2015. Using an estimated price of £509,593 means this house is valued at £4,012 per sq meter (£372 per sq foot).
The average size of a house on BURGESS ROAD is 103 sq meters (1,112 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Theft from the person | Under investigation | On or near Sherwood Close |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Glencarron Way |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Pointout Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Pointout Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fernlea Gardens |