£3,430,006
This estimated value is based upon the latest sale price for the house of £3,400,000 on 24 Aug 2023. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £3,400,000 | 24 Aug 2023 |
| £4,000,000 | 28 Jun 2017 |
| Freehold |
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 August 2023 the House Price Index for SOUTHAMPTON was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £3,400,000 results in an estimated price of approximately £3,430,006.
| 24 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £3,400,000 | £30,006 | £3,430,006 |
The Postcode Pricing Model uses changes in average sales price within the SO15 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 | 16.596 % | £564,258 | £3,964,258 |
| 3 Month Average | -4.151 % | £-141,131 | £3,258,868 |
| 6 Month Average | 0.560 % | £19,053 | £3,419,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £309,583 | £305,000 | 20 VULCAN ROAD |
| 20 Sep 2023 | £516,605 | £510,000 | 6 KING GEORGES AVENUE |
| 24 Aug 2023 | £3,430,007 | £3,400,000 | MILLBROOK SERVICE STATION MILLBROOK ROAD WEST |
| 9 Aug 2023 | £325,851 | £323,000 | 23 CREIGHTON ROAD |
| 27 Jan 2023 | £336,415 | £338,000 | 4 MARIANNE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Creighton Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Creighton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vulcan Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royal Gardens |