£127,400
This estimated value is based upon the latest sale price for the house of £125,000 on 27 May 2022. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £125,000 | 27 May 2022 |
| £134,000 | 23 Feb 2007 |
| £118,500 | 4 Jul 2005 |
| £75,000 | 22 Sep 2000 |
| £41,500 | 8 Nov 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 May 2022 the House Price Index for SOUTHAMPTON was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £125,000 results in an estimated price of approximately £127,400.
| 27 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £125,000 | £2,400 | £127,400 |
The Postcode Pricing Model uses changes in average sales price within the SO16 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 | 1.584 % | £1,980 | £126,980 |
| 3 Month Average | -0.568 % | £-710 | £124,289 |
| 6 Month Average | -5.719 % | £-7,148 | £117,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £152,671 | £150,000 | FLAT 18 14 PARK STREET |
| 5 Jul 2023 | £100,351 | £99,000 | FLAT 14 14 PARK STREET |
| 1 Jun 2023 | £111,349 | £110,000 | FLAT 11 REGENTS COURT, 32 ST EDMUNDS ROAD |
| 28 Oct 2022 | £128,615 | £130,000 | FLAT 5 BURLEY HOUSE PARK STREET |
| 21 Oct 2022 | £126,142 | £127,500 | FLAT 6 COMPTON HOUSE, 4 CARLISLE ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 May 2018. Using an estimated price of £127,401 means this house is valued at £2,235 per sq meter (£207 per sq foot).
The average size of a house on PARK STREET is 48 sq meters (520 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Settle Close |
| Feb 2024 | Other theft | Under investigation | On or near Settle Close |