£246,222
This estimated value is based upon the latest sale price for the house of £175,000 on 9 Oct 2015. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£175,000 | 9 Oct 2015 |
Semi-Detached |
Freehold |
Floor Area: 57 sq meters or 613 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 October 2015 the House Price Index for SOUTHAMPTON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £175,000 results in an estimated price of approximately £246,222.
9 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £175,000 | £71,222 | £246,222 |
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 | 49.379 % | £86,413 | £261,413 |
3 Month Average | 25.933 % | £45,382 | £220,382 |
6 Month Average | 22.821 % | £39,936 | £214,936 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £106,870 | £105,000 | FLAT 1 ROMSEY LODGE, 155 ROMSEY ROAD |
6 Nov 2023 | £380,635 | £375,000 | 2 OLD MILL WAY |
22 Jun 2023 | £308,740 | £305,000 | 42 PERCY ROAD |
28 Apr 2023 | £237,558 | £235,000 | 1 PERCY ROAD |
6 Apr 2023 | £237,558 | £235,000 | 34 KING EDWARD AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 13 Jul 2015. Using an estimated price of £246,223 means this house is valued at £4,319 per sq meter (£401 per sq foot).
The average size of a house on PERCY ROAD is 84 sq meters (908 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Percy Road |