£141,521
This estimated value is based upon the latest sale price for the house of £117,500 on 30 Mar 2020. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£117,500 | 30 Mar 2020 |
£112,500 | 26 Oct 2016 |
£101,000 | 30 Sep 2004 |
£35,000 | 6 Aug 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 365 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 March 2020 the House Price Index for SOUTHAMPTON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £117,500 results in an estimated price of approximately £141,521.
30 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £117,500 | £24,021 | £141,521 |
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 | -5.120 % | £-6,016 | £111,483 |
3 Month Average | -11.380 % | £-13,371 | £104,128 |
6 Month Average | 11.179 % | £13,135 | £130,635 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £273,683 | £270,000 | 18 ANDOVER ROAD |
9 Jun 2023 | £151,839 | £150,000 | 99A SHIRLEY ROAD |
8 Aug 2022 | £119,678 | £120,000 | FLAT 2 38 LANDGUARD ROAD |
19 Apr 2022 | £312,029 | £303,000 | 38 SIR GEORGES ROAD |
21 Dec 2021 | £192,848 | £180,000 | FLAT 3 CUMBRIAN HOUSE, 3 ARTHUR ROAD |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 26 May 2016. Using an estimated price of £141,521 means this house is valued at £4,162 per sq meter (£386 per sq foot).
The average size of a house on SHIRLEY ROAD is 51 sq meters (554 sq feet).