£177,742
This estimated value is based upon the latest sale price for the house of £142,500 on 25 May 2018. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £142,500 | 25 May 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 May 2018 the House Price Index for SOUTHAMPTON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £142,500 results in an estimated price of approximately £177,742.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £142,500 | £35,242 | £177,742 |
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 | 11.299 % | £16,101 | £158,601 |
| 3 Month Average | 1.987 % | £2,831 | £145,331 |
| 6 Month Average | 3.489 % | £4,971 | £147,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Mar 2023 | £96,004 | £95,100 | FLAT 4 77 LONDON ROAD |
| 30 Jan 2023 | £160,245 | £161,000 | FLAT 8 AVONDALE HOUSE, 33 CARLTON CRESCENT |
| 26 Oct 2022 | £93,988 | £95,000 | FLAT 5 77 LONDON ROAD |
| 10 May 2022 | £433,162 | £425,000 | 16 - 17 CARLTON PLACE |
| 25 Mar 2022 | £582,898 | £562,500 | 1 BELLEVUE ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 9 Jul 2018. Using an estimated price of £177,743 means this house is valued at £4,443 per sq meter (£412 per sq foot).
The average size of a house on LONDON ROAD is 64 sq meters (696 sq feet).