£304,300
This estimated value is based upon the latest sale price for the house of £300,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £300,000 | 24 Jun 2022 |
| £200,250 | 4 May 2018 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2022 the House Price Index for SOUTHAMPTON was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £300,000 results in an estimated price of approximately £304,300.
| 24 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £300,000 | £4,300 | £304,300 |
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 | -17.521 % | £-52,561 | £247,438 |
| 3 Month Average | -16.351 % | £-49,052 | £250,947 |
| 6 Month Average | -6.643 % | £-19,929 | £280,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £176,544 | £175,000 | 21D ASH TREE 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 63 sq meters or 678 sq feet when measured on 5 Dec 2017. Using an estimated price of £304,300 means this house is valued at £4,830 per sq meter (£448 per sq foot).
The average size of a house on WELLINGTON ROAD is 106 sq meters (1,145 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Ash Tree Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton 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 |