£677,472
This estimated value is based upon the latest sale price for the house of £565,000 on 20 Aug 2020. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £565,000 | 20 Aug 2020 |
| £463,000 | 26 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 165 sq meters or 1,776 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 August 2020 the House Price Index for HAMPSHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £565,000 results in an estimated price of approximately £677,472.
| 20 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £565,000 | £112,472 | £677,472 |
The Postcode Pricing Model uses changes in average sales price within the PO16 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 | -35.216 % | £-198,968 | £366,031 |
| 3 Month Average | -20.899 % | £-118,077 | £446,922 |
| 6 Month Average | -1.838 % | £-10,386 | £554,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £832,281 | £825,000 | 31 PARK LANE |
| 28 Jul 2023 | £273,683 | £270,000 | 1 MEAD WAY |
| 10 Jul 2023 | £519,999 | £513,000 | 4 MILLER DRIVE |
| 20 Feb 2023 | £564,620 | £565,000 | 24 PARK LANE |
| 30 Jan 2023 | £671,835 | £675,000 | 32 PARK LANE |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 11 Mar 2014. Using an estimated price of £677,472 means this house is valued at £4,105 per sq meter (£381 per sq foot).
The average size of a house on PARK LANE is 173 sq meters (1,865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Under investigation | On or near Bruce Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Furneaux Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Furneaux Gardens |
| Feb 2024 | Drugs | Under investigation | On or near Old Turnpike |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hanover Gardens |