£518,072
This estimated value is based upon the latest sale price for the house of £390,000 on 15 Sep 2016. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£390,000 | 15 Sep 2016 |
£133,000 | 18 Jun 1999 |
Semi-Detached |
Freehold |
Floor Area: 177 sq meters or 1,905 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 2016 the House Price Index for SOUTHAMPTON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £390,000 results in an estimated price of approximately £518,072.
15 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £390,000 | £128,072 | £518,072 |
The Postcode Pricing Model uses changes in average sales price within the SO15 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 | 12.630 % | £49,255 | £439,255 |
3 Month Average | -4.488 % | £-17,502 | £372,497 |
6 Month Average | 11.888 % | £46,364 | £436,364 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £150,224 | £148,000 | FLAT 2 NAPOLEON HOUSE, 15 WATERLOO ROAD |
16 Aug 2023 | £110,971 | £110,000 | FLAT 6 WELLINGTON COURT, 9 - 11 WATERLOO ROAD |
9 Jun 2023 | £151,839 | £150,000 | 99A SHIRLEY ROAD |
27 Mar 2023 | £132,246 | £131,000 | FLAT 17 CAPSTAN HOUSE, 38 WATERLOO ROAD |
24 Mar 2023 | £134,265 | £133,000 | FLAT 19 CAPSTAN HOUSE, 38 WATERLOO ROAD |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 28 Oct 2016. Using an estimated price of £518,073 means this house is valued at £2,926 per sq meter (£271 per sq foot).
The average size of a house on SHIRLEY ROAD is 51 sq meters (554 sq feet).