£248,202
This estimated value is based upon the latest sale price for the house of £145,750 on 21 Sep 2012. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£145,750 | 21 Sep 2012 |
£140,000 | 22 Sep 2009 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 930 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 September 2012 the House Price Index for SOUTHAMPTON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £145,750 results in an estimated price of approximately £248,202.
21 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.294 % | £145,750 | £102,452 | £248,202 |
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 | 72.919 % | £106,279 | £252,029 |
3 Month Average | 41.688 % | £60,760 | £206,510 |
6 Month Average | 41.691 % | £60,764 | £206,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £279,133 | £275,000 | 122 MANSEL ROAD EAST |
3 Nov 2023 | £268,982 | £265,000 | 81 THIRLMERE ROAD |
25 Aug 2023 | £258,259 | £256,000 | 5 WINDBURY ROAD |
19 Jun 2023 | £263,188 | £260,000 | 18 LULWORTH GREEN |
25 Aug 2022 | £254,315 | £255,000 | 19 LULWORTH GREEN |
This house has a floor area of 86 sq meters or 930 sq feet when measured on 25 Jun 2009. Using an estimated price of £248,203 means this house is valued at £2,872 per sq meter (£266 per sq foot).
The average size of a house on BUTTERMERE CLOSE is 94 sq meters (1,022 sq feet).