£362,333
This estimated value is based upon the latest sale price for the house of £275,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 18 Nov 2016 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2016 the House Price Index for HAMPSHIRE was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £275,000 results in an estimated price of approximately £362,333.
| 18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £275,000 | £87,333 | £362,333 |
The Postcode Pricing Model uses changes in average sales price within the SP11 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 | 17.839 % | £49,057 | £324,057 |
| 3 Month Average | 1.661 % | £4,566 | £279,566 |
| 6 Month Average | 20.473 % | £56,299 | £331,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £375,560 | £370,000 | 8 HADLEIGH CLOSE |
| 30 Jun 2023 | £465,640 | £460,000 | 2 HADLEIGH CLOSE |
| 20 Jun 2023 | £227,759 | £225,000 | 31 ARENA CLOSE |
| 9 Jun 2023 | £364,414 | £360,000 | 20 WHITEBEAM CLOSE |
| 9 Jan 2023 | £129,390 | £130,000 | 9 LEE VALLEY CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Oct 2016. Using an estimated price of £362,333 means this house is valued at £4,586 per sq meter (£426 per sq foot).
The average size of a house on ARENA CLOSE is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Stratford Road | |
| Feb 2024 | Anti-social behaviour | On or near Stratford Road | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Riverside Close |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Whitebeam Close |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Whitebeam Close |