£327,650
This estimated value is based upon the latest sale price for the house of £235,000 on 1 Dec 2015. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£235,000 | 1 Dec 2015 |
£177,500 | 1 Feb 2012 |
£170,000 | 13 Jul 2005 |
£99,000 | 18 May 2001 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 966 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 December 2015 the House Price Index for HAMPSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £235,000 results in an estimated price of approximately £327,650.
1 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £235,000 | £92,650 | £327,650 |
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 | 7.031 % | £16,523 | £251,523 |
3 Month Average | 25.240 % | £59,314 | £294,314 |
6 Month Average | 10.070 % | £23,664 | £258,664 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £235,990 | £230,000 | 40 CHESTNUT AVENUE |
29 Aug 2023 | £300,418 | £295,000 | 312 DESBOROUGH ROAD |
30 Jun 2023 | £275,521 | £270,000 | 287 HIGH STREET |
30 Sep 2022 | £297,301 | £297,500 | 300 HIGH STREET |
7 Jul 2022 | £272,733 | £270,000 | 303 HIGH STREET |
This house has a floor area of 89 sq meters or 966 sq feet when measured on 14 Sep 2011. Using an estimated price of £327,651 means this house is valued at £3,648 per sq meter (£338 per sq foot).
The average size of a house on HIGH STREET is 90 sq meters (976 sq feet).