£420,151
This estimated value is based upon the latest sale price for the house of £86,500 on 21 Jan 1998. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£86,500 | 21 Jan 1998 |
£64,500 | 17 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 899 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 January 1998 the House Price Index for SOUTHAMPTON was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £86,500 results in an estimated price of approximately £420,151.
21 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 149.7 | 385.724 % | £86,500 | £333,651 | £420,151 |
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 | 253.601 % | £219,364 | £305,864 |
3 Month Average | 203.278 % | £175,835 | £262,335 |
6 Month Average | 230.158 % | £199,087 | £285,587 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2023 | £392,873 | £385,000 | 4 MERTON ROAD |
31 Jan 2023 | £501,340 | £500,000 | 17 MERTON ROAD |
27 Jul 2021 | £358,909 | £310,000 | 42 RIPSTONE GARDENS |
4 Nov 2020 | £274,465 | £235,000 | 6 SHERBORNE ROAD |
14 Jan 2020 | £294,898 | £240,000 | HARTLEY HOUSE, 22 HARTLEY AVENUE |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 16 Jan 2011. Using an estimated price of £420,151 means this house is valued at £5,030 per sq meter (£467 per sq foot).
The average size of a house on MERTON ROAD is 121 sq meters (1,305 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Sherborne Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherborne Road |
May 2024 | Violence and sexual offences | Offender given a caution | On or near Sherborne Road |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hartley Avenue |
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Hartley Avenue |