£508,119
This estimated value is based upon the latest sale price for the house of £294,000 on 21 Dec 2009. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £294,000 | 21 Dec 2009 |
| Detached |
| 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 December 2009 the House Price Index for SOUTHAMPTON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £294,000 results in an estimated price of approximately £508,119.
| 21 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £294,000 | £214,119 | £508,119 |
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 | 63.226 % | £185,883 | £479,883 |
| 3 Month Average | 48.479 % | £142,529 | £436,529 |
| 6 Month Average | 43.807 % | £128,793 | £422,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £380,635 | £375,000 | 2 OLD MILL WAY |
| 29 Sep 2023 | £349,468 | £345,000 | 6 OLD MILL WAY |
| 22 Jun 2023 | £308,740 | £305,000 | 42 PERCY ROAD |
| 28 Apr 2023 | £237,558 | £235,000 | 1 PERCY ROAD |
| 10 Feb 2023 | £272,816 | £273,000 | 14 PERCY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Old Mill Way | |
| Mar 2024 | Possession of weapons | Under investigation | On or near Old Mill Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Old Mill Way |
| Jan 2024 | Anti-social behaviour | On or near Old Mill Way | |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Old Mill Way |