£854,751
This estimated value is based upon the latest sale price for the house of £640,000 on 2 Jun 2016. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
There has been one burglary within the last year on or near Spring Road
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| Price Paid | Date |
|---|---|
| £640,000 | 2 Jun 2016 |
| £445,000 | 30 Sep 2008 |
| £167,000 | 14 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 June 2016 the House Price Index for HAMPSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £640,000 results in an estimated price of approximately £854,751.
| 2 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £640,000 | £214,751 | £854,751 |
The Postcode Pricing Model uses changes in average sales price within the SO41 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 | 2.473 % | £15,827 | £655,827 |
| 3 Month Average | 25.263 % | £161,682 | £801,682 |
| 6 Month Average | 33.426 % | £213,929 | £853,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £781,571 | £770,000 | 11A WESTFIELD ROAD |
| 10 Nov 2023 | £1,634,194 | £1,610,000 | 12 SOLENT AVENUE |
| 15 Sep 2023 | £1,367,485 | £1,350,000 | 5 WESTFIELD ROAD |
| 16 Jan 2023 | £1,015,218 | £1,020,000 | 36 STANLEY ROAD |
| 25 May 2022 | £896,900 | £880,000 | 23 WESTFIELD ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 26 Jan 2016. Using an estimated price of £854,752 means this house is valued at £6,730 per sq meter (£625 per sq foot).
The average size of a house on SPRINGFIELD CLOSE is 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Spring Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brook Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lemana Place |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingsfield |