£276,700
This estimated value is based upon the latest sale price for the house of £224,000 on 14 Feb 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £224,000 | 14 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 February 2019 the House Price Index for SOUTHAMPTON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £224,000 results in an estimated price of approximately £276,700.
| 14 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £224,000 | £52,700 | £276,700 |
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 | 34.431 % | £77,126 | £301,126 |
| 3 Month Average | -0.211 % | £-473 | £223,526 |
| 6 Month Average | 4.239 % | £9,496 | £233,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £146,605 | £147,000 | FLAT 5 THE PINES, 212 TREMONA ROAD |
| 6 May 2022 | £346,529 | £340,000 | 198 TREMONA ROAD |
| 30 Mar 2022 | £388,598 | £375,000 | 202 TREMONA ROAD |
| 24 Sep 2021 | £288,795 | £268,000 | 34 SPRINGFORD CRESCENT |
| 31 Aug 2021 | £284,482 | £255,000 | 19 SPRINGFORD CRESCENT |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 26 Oct 2018. Using an estimated price of £276,700 means this house is valued at £3,739 per sq meter (£347 per sq foot).
The average size of a house on ARCADIA CLOSE is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Arcadia Close |
| Jan 2024 | Other theft | Under investigation | On or near Arcadia Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Arcadia Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Springford Crescent |
| Mar 2024 | Other crime | Under investigation | On or near Hospital |