£94,909
This estimated value is based upon the latest sale price for the house of £92,500 on 14 Nov 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£92,500 | 14 Nov 2023 |
£92,500 | 11 Dec 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 705 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 November 2023 the House Price Index for SOUTHAMPTON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £92,500 results in an estimated price of approximately £94,909.
14 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £92,500 | £2,409 | £94,909 |
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 | -18.344 % | £-16,968 | £75,531 |
3 Month Average | -25.605 % | £-23,684 | £68,815 |
6 Month Average | -22.427 % | £-20,745 | £71,754 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £159,914 | £155,000 | FLAT 12 ROXAN MEWS, 450 PORTSWOOD ROAD |
14 Nov 2023 | £94,909 | £92,500 | FLAT 20 CUPID HOUSE, 679 PORTSWOOD ROAD |
22 Sep 2023 | £332,326 | £325,000 | 63 MAYFIELD ROAD |
8 Sep 2023 | £163,607 | £160,000 | FLAT 31 ROXAN MEWS, 450 PORTSWOOD ROAD |
3 Apr 2023 | £326,099 | £320,000 | 494 PORTSWOOD ROAD |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 30 Sep 2010. Using an estimated price of £94,909 means this house is valued at £1,448 per sq meter (£134 per sq foot).
The average size of a house on PORTSWOOD ROAD is 75 sq meters (810 sq feet).