£213,713
This estimated value is based upon the latest sale price for the house of £170,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£170,000 | 15 Dec 2017 |
Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 December 2017 the House Price Index for SOUTHAMPTON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £170,000 results in an estimated price of approximately £213,713.
15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £170,000 | £43,713 | £213,713 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | 37.986 % | £64,575 | £234,575 |
3 Month Average | -10.883 % | £-18,501 | £151,498 |
6 Month Average | 3.010 % | £5,117 | £175,117 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £330,788 | £325,000 | 3 MARNE ROAD |
14 Dec 2023 | £356,233 | £350,000 | 8 MARNE ROAD |
24 Nov 2023 | £325,824 | £321,000 | 94 COMMERCIAL STREET |
1 Feb 2023 | £399,731 | £400,000 | 24 BALACLAVA ROAD |
15 Jun 2022 | £202,867 | £200,000 | 98 COMMERCIAL STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 Aug 2017. Using an estimated price of £213,714 means this house is valued at £3,238 per sq meter (£300 per sq foot).
The average size of a house on MARNE ROAD is 101 sq meters (1,093 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shales Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shales Road |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shales Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Almatade Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Almatade Road |