£194,014
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£125,000 | 14 Dec 2007 |
£118,500 | 28 Apr 2005 |
£59,995 | 2 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 2007 the House Price Index for SOUTHAMPTON was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £125,000 results in an estimated price of approximately £194,014.
14 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 148.6 | 55.211 % | £125,000 | £69,014 | £194,014 |
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 | 115.069 % | £143,836 | £268,836 |
3 Month Average | 0.792 % | £989 | £125,989 |
6 Month Average | 1.551 % | £1,938 | £126,938 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £151,943 | £150,000 | FLAT 3 CHATSWORTH HOUSE, 7 WESTRIDGE ROAD |
6 Jan 2023 | £158,255 | £159,000 | FLAT 2 FARRINGDON HOUSE, 17 WESTRIDGE ROAD |
5 Jan 2023 | £155,269 | £156,000 | FLAT 14 BLENHEIM HOUSE, 5 WESTRIDGE ROAD |
14 Oct 2022 | £168,140 | £169,950 | FLAT 4 DANEWAY HOUSE, 9 WESTRIDGE ROAD |
7 Sep 2022 | £476,155 | £480,000 | 41 WESTRIDGE ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 23 Nov 2014. Using an estimated price of £194,014 means this house is valued at £4,311 per sq meter (£400 per sq foot).
The average size of a house on WESTRIDGE ROAD is 74 sq meters (798 sq feet).