£323,023
This estimated value is based upon the latest sale price for the house of £122,500 on 31 Oct 2002. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £122,500 | 31 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 682 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 October 2002 the House Price Index for SOUTHAMPTON was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £122,500 results in an estimated price of approximately £323,023.
| 31 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £122,500 | £200,523 | £323,023 |
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 | 227.190 % | £278,307 | £400,807 |
| 3 Month Average | 50.304 % | £61,622 | £184,122 |
| 6 Month Average | 52.261 % | £64,019 | £186,519 |
| 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 63 sq meters or 682 sq feet when measured on 14 Oct 2009. Using an estimated price of £323,024 means this house is valued at £5,095 per sq meter (£473 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 |