£376,179
This estimated value is based upon the latest sale price for the house of £305,000 on 16 Jul 2019. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £305,000 | 16 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 2019 the House Price Index for SOUTHAMPTON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £305,000 results in an estimated price of approximately £376,179.
| 16 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £305,000 | £71,179 | £376,179 |
The Postcode Pricing Model uses changes in average sales price within the SO18 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 | -14.803 % | £-45,149 | £259,850 |
| 3 Month Average | -7.315 % | £-22,310 | £282,689 |
| 6 Month Average | 4.236 % | £12,920 | £317,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £395,321 | £390,000 | 88 OAKTREE ROAD |
| 11 Apr 2023 | £235,031 | £232,500 | 109 OAKTREE ROAD |
| 29 Jul 2022 | £350,945 | £350,000 | 48 ASH TREE ROAD |
| 24 Jun 2022 | £304,300 | £300,000 | 7 WELLINGTON ROAD |
| 29 Sep 2021 | £425,649 | £395,000 | 42 ASH TREE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 18 Dec 2017. Using an estimated price of £376,179 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on OAKTREE ROAD is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Ash Tree Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Manor Farm Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Manor Farm Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Manor Farm Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Road |