£707,002
This estimated value is based upon the latest sale price for the house of £298,500 on 7 May 2003. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £298,500 | 7 May 2003 |
| Detached |
| Freehold |
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 May 2003 the House Price Index for HAMPSHIRE was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £298,500 results in an estimated price of approximately £707,002.
| 7 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £298,500 | £408,502 | £707,002 |
The Postcode Pricing Model uses changes in average sales price within the SO32 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 | 143.114 % | £427,195 | £725,695 |
| 3 Month Average | 86.278 % | £257,539 | £556,039 |
| 6 Month Average | 88.591 % | £264,442 | £562,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £807,060 | £800,000 | MEON VIEW SPRING LANE |
| 27 Jul 2023 | £598,049 | £590,000 | 4 MERE CLOSE |
| 7 Jul 2023 | £396,334 | £391,000 | BLACKTHORN COTTAGE CHAPEL ROAD |
| 2 Feb 2023 | £524,647 | £525,000 | RENAISSANCE OLD SPRING LANE |
| 10 Aug 2022 | £922,517 | £925,000 | MEADOW HOUSE CHAPEL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Drove |
| Jan 2024 | Possession of weapons | Local resolution | On or near New Inn Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Old Spring Lane |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Dodds Lane |