£378,092
This estimated value is based upon the latest sale price for the house of £230,000 on 19 Sep 2013. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £230,000 | 19 Sep 2013 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTHAMPTON to estimate the market value.
When this house was purchased in September 2013 the House Price Index for SOUTHAMPTON was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £230,000 results in an estimated price of approximately £378,092.
| 19 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £230,000 | £148,092 | £378,092 |
The Postcode Pricing Model uses changes in average sales price within the SO16 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 | 57.385 % | £131,985 | £361,985 |
| 3 Month Average | 45.462 % | £104,562 | £334,562 |
| 6 Month Average | 41.870 % | £96,300 | £326,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £150,224 | £148,000 | THE LENNOX BUILDING, 46 MERCATOR CLOSE |
| 21 Jul 2023 | £273,683 | £270,000 | 406 ROMSEY ROAD |
| 15 Feb 2023 | £334,775 | £335,000 | 21 MERCATOR CLOSE |
| 10 Feb 2023 | £314,788 | £315,000 | 91 COLBY STREET |
| 23 Nov 2022 | £266,769 | £270,000 | 422 ROMSEY ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 10 Jun 2013. Using an estimated price of £378,093 means this house is valued at £4,296 per sq meter (£399 per sq foot).
The average size of a house on ROMSEY ROAD is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Romsey Road |
| Mar 2024 | Public order | Under investigation | On or near Romsey Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Romsey Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Romsey Road |
| Feb 2024 | Public order | Under investigation | On or near Romsey Road |