£350,518
This estimated value is based upon the latest sale price for the house of £131,950 on 29 Oct 2002. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £131,950 | 29 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £131,950 results in an estimated price of approximately £350,518.
| 29 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £131,950 | £218,568 | £350,518 |
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 | 79.195 % | £104,497 | £236,447 |
| 3 Month Average | 41.478 % | £54,730 | £186,680 |
| 6 Month Average | 52.546 % | £69,333 | £201,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £360,000 | £360,000 | 9 RICHMOND GARDENS |
| 15 May 2024 | £165,000 | £165,000 | APARTMENT 35 VICTORIA LODGE, 121 - 127 HIGHFIELD LANE |
| 26 Apr 2024 | £117,521 | £116,500 | APARTMENT 8 VICTORIA LODGE, 121 - 127 HIGHFIELD LANE |
| 13 Nov 2023 | £117,995 | £115,000 | APARTMENT 5 VICTORIA LODGE, 121 - 127 HIGHFIELD LANE |
| 20 Oct 2023 | £184,183 | £180,000 | FLAT 16 HIGHFIELDS, 56 RICHMOND GARDENS |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 12 Aug 2021. Using an estimated price of £350,518 means this house is valued at £5,154 per sq meter (£478 per sq foot).
The average size of a house on RICHMOND GARDENS is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Richmond Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Richmond Gardens |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Richmond Gardens |
| Jul 2024 | Public order | Under investigation | On or near Richmond Gardens |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Richmond Gardens |