£274,235
This estimated value is based upon the latest sale price for the house of £164,500 on 21 Mar 2013. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£164,500 | 21 Mar 2013 |
£83,000 | 23 Jun 2000 |
£58,000 | 24 Sep 1997 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 March 2013 the House Price Index for HAMPSHIRE was 88.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 66.708%.Applying this 66.708% change to the original purchase price of £164,500 results in an estimated price of approximately £274,235.
21 Mar 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.0 | 66.708 % | £164,500 | £109,735 | £274,235 |
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 | 64.566 % | £106,210 | £270,710 |
3 Month Average | 52.462 % | £86,300 | £250,800 |
6 Month Average | 50.083 % | £82,386 | £246,886 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £304,884 | £302,000 | 224 DESBOROUGH ROAD |
30 Jun 2023 | £272,207 | £270,000 | 287 HIGH STREET |
26 Apr 2023 | £176,310 | £175,000 | FLAT 1 12 DERBY ROAD |
4 Nov 2022 | £364,096 | £370,000 | 260 DESBOROUGH ROAD |
19 Aug 2022 | £302,953 | £305,000 | 228 DESBOROUGH ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 29 Nov 2012. Using an estimated price of £274,235 means this house is valued at £3,304 per sq meter (£306 per sq foot).
The average size of a house on HIGH STREET is 90 sq meters (976 sq feet).