£593,423
This estimated value is based upon the latest sale price for the house of £265,000 on 10 Oct 2003. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £265,000 | 10 Oct 2003 |
| £177,000 | 3 May 2002 |
| Flats/Maisonettes |
| Leasehold |
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 October 2003 the House Price Index for SOUTHAMPTON was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £265,000 results in an estimated price of approximately £593,423.
| 10 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £265,000 | £328,423 | £593,423 |
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 | 43.617 % | £115,585 | £380,585 |
| 3 Month Average | 40.901 % | £108,388 | £373,388 |
| 6 Month Average | 50.386 % | £133,522 | £398,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £655,000 | £655,000 | 43 - 44 BEDFORD PLACE |
| 22 Nov 2023 | £142,104 | £140,000 | FLAT 4 LANCE HOUSE, 16 - 18 UPPER BANISTER STREET |
| 18 Aug 2023 | £410,592 | £407,000 | 71 BEDFORD PLACE |
| 30 Jun 2023 | £263,188 | £260,000 | FLAT 3 22 CARLTON CRESCENT |
| 1 Nov 2022 | £1,432,646 | £1,450,000 | 24 CARLTON PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Upper Banister Street |
| Mar 2024 | Drugs | Under investigation | On or near Upper Banister Street |
| Feb 2024 | Drugs | Local resolution | On or near Upper Banister Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Upper Banister Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Upper Banister Street |