£240,184
This estimated value is based upon the latest sale price for the house of £142,000 on 10 Dec 2012. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £142,000 | 10 Dec 2012 |
| £161,000 | 2 May 2007 |
| £147,500 | 31 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 December 2012 the House Price Index for SOUTHAMPTON was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £142,000 results in an estimated price of approximately £240,184.
| 10 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £142,000 | £98,184 | £240,184 |
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 | 123.252 % | £175,018 | £317,018 |
| 3 Month Average | 16.505 % | £23,437 | £165,437 |
| 6 Month Average | 12.898 % | £18,315 | £160,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £341,049 | £336,000 | FLAT 8 HARTLEY COURT, 12 WINN ROAD |
| 30 Aug 2023 | £136,191 | £135,000 | FLAT 4 LINGDALE PLACE, 19 WESTWOOD ROAD |
| 24 Aug 2023 | £204,287 | £202,500 | FLAT 1 BUCKINGHAM COURT WESTWOOD ROAD |
| 3 Jul 2023 | £202,729 | £200,000 | FLAT 1 WINCHESTER MEWS, 12A WINN ROAD |
| 28 Apr 2023 | £180,443 | £178,500 | FLAT 6 BUCKINGHAM COURT WESTWOOD ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 20 Jun 2012. Using an estimated price of £240,184 means this house is valued at £4,141 per sq meter (£384 per sq foot).
The average size of a house on WESTWOOD ROAD is 65 sq meters (703 sq feet).