£405,916
This estimated value is based upon the latest sale price for the house of £401,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£401,000 | 9 Jun 2023 |
£340,000 | 9 Dec 2020 |
£193,000 | 16 Jan 2020 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 June 2023 the House Price Index for SOUTHAMPTON was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £401,000 results in an estimated price of approximately £405,916.
9 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £401,000 | £4,916 | £405,916 |
The Postcode Pricing Model uses changes in average sales price within the SO17 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 | 14.257 % | £57,171 | £458,171 |
3 Month Average | -22.985 % | £-92,168 | £308,831 |
6 Month Average | -18.647 % | £-74,773 | £326,226 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £58,364 | £57,500 | FLAT 10 OAKDENE COURT WELBECK AVENUE |
8 Sep 2023 | £529,267 | £522,500 | 49 CHURCH LANE |
9 Jun 2023 | £405,917 | £401,000 | 7 UNIVERSITY ROAD |
5 Sep 2022 | £570,394 | £575,000 | 31 CHURCH LANE |
19 Nov 2021 | £133,026 | £123,000 | FLAT 5 OAKDENE COURT WELBECK AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 29 Aug 2020. Using an estimated price of £405,917 means this house is valued at £4,018 per sq meter (£373 per sq foot).
The average size of a house on UNIVERSITY ROAD is 155 sq meters (1,678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hilldown Road |
Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hartley Avenue |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hartley Avenue |
Apr 2024 | Possession of weapons | Under investigation | On or near Hartley Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hartley Avenue |