£285,180
This estimated value is based upon the latest sale price for the house of £129,000 on 17 Oct 2003. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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| Price Paid | Date |
|---|---|
| £129,000 | 17 Oct 2003 |
| £36,500 | 17 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for HAMPSHIRE to estimate the market value.
When this house was purchased in October 2003 the House Price Index for HAMPSHIRE was 66.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 121.070%.Applying this 121.070% change to the original purchase price of £129,000 results in an estimated price of approximately £285,180.
| 17 Oct 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 146.7 | 121.070 % | £129,000 | £156,180 | £285,180 |
The Postcode Pricing Model uses changes in average sales price within the PO13 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 | 76.128 % | £98,205 | £227,205 |
| 3 Month Average | 120.135 % | £154,973 | £283,973 |
| 6 Month Average | 113.477 % | £146,385 | £275,385 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 17 Sep 2013.
The average size of a house on MARINE PARADE WEST is 84 sq meters (905 sq feet).