£793,773
This estimated value is based upon the latest sale price for the house of £570,000 on 30 Nov 2015. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£570,000 | 30 Nov 2015 |
Detached |
Freehold |
Floor Area: 171 sq meters or 1,840 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 November 2015 the House Price Index for SOUTHAMPTON was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £570,000 results in an estimated price of approximately £793,773.
30 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £570,000 | £223,773 | £793,773 |
The Postcode Pricing Model uses changes in average sales price within the SO17 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 | -48.893 % | £-278,689 | £291,310 |
3 Month Average | -5.930 % | £-33,802 | £536,197 |
6 Month Average | 21.734 % | £123,883 | £693,883 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £456,139 | £450,000 | 61 HIGHFIELD CRESCENT |
7 Jul 2023 | £121,637 | £120,000 | FLAT 1 WELBECK COURT, 61 - 63 WELBECK AVENUE |
3 Nov 2022 | £923,810 | £935,000 | 1 THE FINCHES, 32 WELBECK AVENUE |
15 Dec 2021 | £748,357 | £698,500 | 31 WELBECK AVENUE |
19 Nov 2021 | £133,026 | £123,000 | FLAT 5 OAKDENE COURT WELBECK AVENUE |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 27 Jul 2015. Using an estimated price of £793,773 means this house is valued at £4,641 per sq meter (£431 per sq foot).
The average size of a house on WELBECK AVENUE is 115 sq meters (1,245 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merton Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merton Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blenheim Gardens |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hilldown Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |