£274,001
This estimated value is based upon the latest sale price for the house of £51,995 on 4 Apr 1997. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£51,995 | 4 Apr 1997 |
Terraced |
Leasehold |
Floor Area: 90 sq meters or 968 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 April 1997 the House Price Index for HAMPSHIRE was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £51,995 results in an estimated price of approximately £274,001.
4 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 426.976 % | £51,995 | £222,006 | £274,001 |
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 | 332.144 % | £172,698 | £224,693 |
3 Month Average | 367.267 % | £190,960 | £242,955 |
6 Month Average | 337.465 % | £175,465 | £227,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
2 Sep 2022 | £268,820 | £269,000 | 294 SOUTHAMPTON ROAD |
7 Jul 2022 | £272,733 | £270,000 | 303 HIGH STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 23 Oct 2014. Using an estimated price of £274,001 means this house is valued at £3,044 per sq meter (£282 per sq foot).
The average size of a house on HIGH STREET is 90 sq meters (976 sq feet).