£342,712
This estimated value is based upon the latest sale price for the house of £290,000 on 15 Oct 2020. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£290,000 | 15 Oct 2020 |
£236,500 | 27 Jun 2014 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 October 2020 the House Price Index for SOUTHAMPTON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £290,000 results in an estimated price of approximately £342,712.
15 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £290,000 | £52,712 | £342,712 |
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 | 29.156 % | £84,552 | £374,552 |
3 Month Average | 0.992 % | £2,876 | £292,876 |
6 Month Average | 5.808 % | £16,842 | £306,842 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £215,000 | £215,000 | FLAT 514 HANOVER HOUSE, 202 KINGS ROAD |
24 Jan 2023 | £726,942 | £725,000 | CYPRESS COTTAGE NEWTOWN |
27 Sep 2022 | £514,656 | £515,000 | 2 KINGSWOOD COURT, 88 NEWTOWN ROAD |
25 Mar 2022 | £130,492 | £125,000 | FLAT 401 THE TANKARD BUILDING WARWICK BREWERY |
18 Mar 2022 | £339,278 | £325,000 | THIRD AND FOURTH FLOOR MAISONETTE 15 MARKWICK TERRACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 Apr 2014. Using an estimated price of £342,712 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on CARDINAL PLACE is 84 sq meters (905 sq feet).