£1,627,170
This estimated value is based upon the latest sale price for the house of £1,095,000 on 28 Jan 2015. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,095,000 | 28 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 378 sq meters or 4,068 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 January 2015 the House Price Index for HAMPSHIRE was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £1,095,000 results in an estimated price of approximately £1,627,170.
| 28 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £1,095,000 | £532,170 | £1,627,170 |
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 | 11.354 % | £124,330 | £1,219,330 |
| 3 Month Average | 5.178 % | £56,694 | £1,151,694 |
| 6 Month Average | 32.833 % | £359,516 | £1,454,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £372,820 | £367,300 | 26 FURNEAUX GARDENS |
| 21 Aug 2023 | £832,281 | £825,000 | 31 PARK LANE |
| 17 Mar 2023 | £267,520 | £265,000 | 3 NORTH HILL |
| 22 Aug 2022 | £324,128 | £325,000 | 55 OLD TURNPIKE |
| 28 Jul 2022 | £777,092 | £775,000 | 56 PARK LANE |
This house has a floor area of 378 sq meters or 4,068 sq feet when measured on 29 Jan 2016. Using an estimated price of £1,627,170 means this house is valued at £4,304 per sq meter (£399 per sq foot).
The average size of a house on PARK LANE is 173 sq meters (1,865 sq feet).
This house is the largest in the street with a floor area of 378 sq meters (4,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hanover Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanover Gardens |
| 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 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near West Downs Close |