£211,545
This estimated value is based upon the latest sale price for the house of £52,500 on 8 Dec 1999. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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| Price Paid | Date |
|---|---|
| £52,500 | 8 Dec 1999 |
| £44,500 | 19 Nov 1997 |
| £26,750 | 15 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 December 1999 the House Price Index for SOUTHAMPTON was 36.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 302.943%.Applying this 302.943% change to the original purchase price of £52,500 results in an estimated price of approximately £211,545.
| 8 Dec 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 148.6 | 302.943 % | £52,500 | £159,045 | £211,545 |
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 | 29.096 % | £15,275 | £67,775 |
| 3 Month Average | 135.940 % | £71,368 | £123,868 |
| 6 Month Average | 206.048 % | £108,175 | £160,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £529,267 | £522,500 | 49 CHURCH LANE |
| 9 Jun 2023 | £405,917 | £401,000 | 7 UNIVERSITY ROAD |
| 3 Nov 2022 | £923,810 | £935,000 | 1 THE FINCHES, 32 WELBECK AVENUE |
| 5 Sep 2022 | £570,394 | £575,000 | 31 CHURCH LANE |
| 19 Nov 2021 | £133,026 | £123,000 | FLAT 5 OAKDENE COURT WELBECK AVENUE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 8 Apr 2021. Using an estimated price of £211,545 means this house is valued at £5,036 per sq meter (£467 per sq foot).
The average size of a house on WELBECK AVENUE is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hilldown Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merton Road |