£296,009
This estimated value is based upon the latest sale price for the house of £240,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £240,000 | 5 Jul 2019 |
| Freehold |
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 July 2019 the House Price Index for SOUTHAMPTON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £240,000 results in an estimated price of approximately £296,009.
| 5 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £240,000 | £56,009 | £296,009 |
The Postcode Pricing Model uses changes in average sales price within the SO15 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 | -10.372 % | £-24,893 | £215,106 |
| 3 Month Average | -2.875 % | £-6,901 | £233,098 |
| 6 Month Average | -17.364 % | £-41,673 | £198,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £160,245 | £161,000 | FLAT 8 AVONDALE HOUSE, 33 CARLTON CRESCENT |
| 10 May 2022 | £433,162 | £425,000 | 16 - 17 CARLTON PLACE |
| 25 Mar 2022 | £582,898 | £562,500 | 1 BELLEVUE ROAD |
| 28 Feb 2022 | £148,915 | £142,000 | FLAT 2 PARK VISTA, 5 - 7 BRUNSWICK PLACE |
| 31 Aug 2021 | £334,685 | £300,000 | 65 LONDON ROAD |