£298,077
This estimated value is based upon the latest sale price for the house of £192,500 on 23 Jun 2014. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£192,500 | 23 Jun 2014 |
£167,000 | 7 Aug 2006 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 June 2014 the House Price Index for HAMPSHIRE was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £192,500 results in an estimated price of approximately £298,077.
23 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £192,500 | £105,577 | £298,077 |
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 | 41.878 % | £80,615 | £273,115 |
3 Month Average | 47.877 % | £92,162 | £284,662 |
6 Month Average | 34.667 % | £66,733 | £259,233 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £217,500 | £217,500 | 283 CRANBURY ROAD |
27 Oct 2023 | £276,275 | £270,000 | 162 CHAMBERLAYNE ROAD |
8 Aug 2023 | £208,765 | £205,000 | 18A DERBY ROAD |
16 Jun 2023 | £326,544 | £320,000 | 200 CHAMBERLAYNE ROAD |
27 Jul 2022 | £394,452 | £390,500 | 166 CRANBURY ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 6 Feb 2014. Using an estimated price of £298,077 means this house is valued at £3,548 per sq meter (£329 per sq foot).
The average size of a house on CRANBURY ROAD is 90 sq meters (975 sq feet).