£279,251
This estimated value is based upon the latest sale price for the house of £262,500 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £262,500 | 28 Sep 2021 |
| £167,000 | 22 Oct 2010 |
| £70,000 | 24 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2021 the House Price Index for HAMPSHIRE was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £262,500 results in an estimated price of approximately £279,251.
| 28 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £262,500 | £16,751 | £279,251 |
The Postcode Pricing Model uses changes in average sales price within the SO51 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 | -6.154 % | £-16,153 | £246,346 |
| 3 Month Average | 26.980 % | £70,822 | £333,322 |
| 6 Month Average | 19.970 % | £52,422 | £314,922 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Jun 2020.
The average size of a house on MERCER WAY is 82 sq meters (890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mercer Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mercer Way |
| Dec 2023 | Burglary | Under investigation | On or near Cupernham Lane |
| Mar 2024 | Public order | Under investigation | On or near New Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smith'S Field |