£293,103
This estimated value is based upon the latest sale price for the house of £270,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £270,000 | 27 Sep 2021 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 September 2021 the House Price Index for SOUTHAMPTON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £270,000 results in an estimated price of approximately £293,103.
| 27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £270,000 | £23,103 | £293,103 |
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 | 37.153 % | £100,312 | £370,312 |
| 3 Month Average | 11.227 % | £30,313 | £300,313 |
| 6 Month Average | 10.756 % | £29,041 | £299,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £276,244 | £272,000 | 310 HONEYSUCKLE ROAD |
| 1 Mar 2024 | £233,589 | £230,000 | 173 CARNATION ROAD |
| 6 Dec 2023 | £229,038 | £222,000 | 95 LABURNUM ROAD |
| 29 Nov 2023 | £215,469 | £210,000 | 76A HIGH ROAD |
| 22 Aug 2023 | £254,592 | £250,000 | 292 HONEYSUCKLE ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 12 Aug 2020. Using an estimated price of £293,104 means this house is valued at £2,344 per sq meter (£217 per sq foot).
The average size of a house on LABURNUM ROAD is 78 sq meters (847 sq feet).