£346,991
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 6 Jul 2018 |
| £250,000 | 3 Dec 2015 |
| £165,000 | 21 Nov 2008 |
| £71,000 | 12 Dec 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in July 2018 the House Price Index for HAMPSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £280,000 results in an estimated price of approximately £346,991.
| 6 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £280,000 | £66,991 | £346,991 |
The Postcode Pricing Model uses changes in average sales price within the SO50 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 | 13.581 % | £38,027 | £318,027 |
| 3 Month Average | 8.170 % | £22,876 | £302,876 |
| 6 Month Average | 6.815 % | £19,082 | £299,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £206,809 | £205,000 | 18A DERBY ROAD |
| 20 Jul 2023 | £306,120 | £302,000 | 224 DESBOROUGH ROAD |
| 13 Jul 2023 | £245,808 | £242,500 | 243 CRANBURY ROAD |
| 16 Jun 2023 | £323,924 | £320,000 | 200 CHAMBERLAYNE ROAD |
| 9 Jun 2023 | £199,922 | £197,500 | FLAT 3 THE GLEN, 185 CRANBURY ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 1 Mar 2018. Using an estimated price of £346,991 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on CRANBURY ROAD is 90 sq meters (975 sq feet).