£198,340
This estimated value is based upon the latest sale price for the house of £117,000 on 8 Jan 2013. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £117,000 | 8 Jan 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 January 2013 the House Price Index for SOUTHAMPTON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £117,000 results in an estimated price of approximately £198,340.
| 8 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £117,000 | £81,340 | £198,340 |
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 | 69.851 % | £81,725 | £198,725 |
| 3 Month Average | 45.825 % | £53,615 | £170,615 |
| 6 Month Average | 34.942 % | £40,881 | £157,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £258,832 | £255,000 | 16 CONIFER ROAD |
| 12 Jul 2023 | £283,820 | £280,000 | 1 OUTER CIRCLE |
| 21 Apr 2023 | £227,449 | £225,000 | 20 OUTER CIRCLE |
| 20 Jan 2023 | £151,785 | £152,500 | 8 HOLLYOAK ROAD |
| 29 Apr 2022 | £148,549 | £144,250 | 2A HOLLYOAK ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 28 Aug 2012. Using an estimated price of £198,340 means this house is valued at £3,479 per sq meter (£323 per sq foot).
The average size of a house on OLIVE ROAD is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Under investigation | On or near Palm Road |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Peach Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Peach Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Peach Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peach Road |