£247,398
This estimated value is based upon the latest sale price for the house of £145,000 on 5 Apr 2012. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £145,000 | 5 Apr 2012 |
| £136,000 | 30 Jun 2005 |
| £46,000 | 30 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 565 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 April 2012 the House Price Index for SOUTHAMPTON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £145,000 results in an estimated price of approximately £247,398.
| 5 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £145,000 | £102,398 | £247,398 |
The Postcode Pricing Model uses changes in average sales price within the SO17 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 | -38.733 % | £-56,163 | £88,836 |
| 3 Month Average | -1.852 % | £-2,685 | £142,314 |
| 6 Month Average | 21.031 % | £30,495 | £175,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £658,419 | £650,000 | 10 PORTSWOOD PARK |
| 29 Aug 2023 | £368,221 | £365,000 | 22 SPRING CRESCENT |
| 4 Aug 2023 | £383,354 | £380,000 | 62 SHAKESPEARE AVENUE |
| 1 Aug 2022 | £272,267 | £273,000 | FLAT 2 BEECH COURT, 11 LAWN ROAD |
| 8 Jul 2022 | £326,880 | £326,000 | 14A PORTSWOOD PARK |
This house has a floor area of 52 sq meters or 565 sq feet when measured on 14 Dec 2011. Using an estimated price of £247,399 means this house is valued at £4,708 per sq meter (£437 per sq foot).
The average size of a house on SPRING CRESCENT is 132 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spring Crescent |
| Mar 2024 | Drugs | Under investigation | On or near Lawn Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lawn Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lawn Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lawn Road |