£246,169
This estimated value is based upon the latest sale price for the house of £167,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£167,000 | 6 Mar 2015 |
£145,000 | 19 Feb 2003 |
£117,950 | 29 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2015 the House Price Index for SOUTHAMPTON was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £167,000 results in an estimated price of approximately £246,169.
6 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £167,000 | £79,169 | £246,169 |
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 | 113.554 % | £189,635 | £356,635 |
3 Month Average | -2.929 % | £-4,891 | £162,108 |
6 Month Average | 5.217 % | £8,712 | £175,712 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £116,728 | £115,000 | APARTMENT 5 VICTORIA LODGE, 121 - 127 HIGHFIELD LANE |
4 Aug 2023 | £121,059 | £120,000 | APARTMENT 2 VICTORIA LODGE, 121 - 127 HIGHFIELD LANE |
4 Jul 2022 | £170,459 | £170,000 | FLAT 21 HIGHFIELDS, 56 RICHMOND GARDENS |
1 Jun 2022 | £128,820 | £127,000 | APARTMENT 31 VICTORIA LODGE, 121 - 127 HIGHFIELD LANE |
27 May 2022 | £392,394 | £385,000 | 8 RICHMOND GARDENS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 28 Jul 2014. Using an estimated price of £246,169 means this house is valued at £3,729 per sq meter (£346 per sq foot).
The average size of a house on RICHMOND GARDENS is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Richmond Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Gardens |
Apr 2024 | Public order | Under investigation | On or near Richmond Gardens |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Richmond Gardens |