£469,204
This estimated value is based upon the latest sale price for the house of £275,000 on 27 Apr 2012. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £275,000 | 27 Apr 2012 |
| £238,000 | 12 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 £275,000 results in an estimated price of approximately £469,204.
| 27 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £275,000 | £194,204 | £469,204 |
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 | 152.087 % | £418,238 | £693,238 |
| 3 Month Average | 8.209 % | £22,575 | £297,575 |
| 6 Month Average | 5.833 % | £16,040 | £291,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £389,721 | £385,000 | 4 MERTON ROAD |
| 31 Jan 2023 | £497,656 | £500,000 | 17 MERTON ROAD |
| 27 Jul 2021 | £356,272 | £310,000 | 42 RIPSTONE GARDENS |
| 4 Nov 2020 | £272,448 | £235,000 | 6 SHERBORNE ROAD |
| 14 Jan 2020 | £292,731 | £240,000 | HARTLEY HOUSE, 22 HARTLEY AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 31 May 2019. Using an estimated price of £469,204 means this house is valued at £4,426 per sq meter (£411 per sq foot).
The average size of a house on MERTON ROAD is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merton Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blenheim Gardens |
| Apr 2024 | Possession of weapons | Under investigation | On or near Hartley Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hartley Avenue |