£185,308
This estimated value is based upon the latest sale price for the house of £150,000 on 29 Mar 2019. This value is then adjusted by the current Official House Price Index for HAMPSHIRE 1
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Price Paid | Date |
---|---|
£150,000 | 29 Mar 2019 |
£175,450 | 28 Feb 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 530 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 March 2019 the House Price Index for HAMPSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £150,000 results in an estimated price of approximately £185,308.
29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.539 % | £150,000 | £35,308 | £185,308 |
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 | 30.866 % | £46,298 | £196,298 |
3 Month Average | 16.039 % | £24,058 | £174,058 |
6 Month Average | 16.165 % | £24,247 | £174,247 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £160,403 | £159,000 | FLAT 19 ROBINSON COURT BEACH ROAD |
29 Jun 2023 | £161,957 | £159,995 | FLAT 9 ROBINSON COURT BEACH ROAD |
21 Jun 2023 | £106,287 | £105,000 | FLAT 20 HOMERYDE HOUSE, 50 HIGH STREET |
2 Mar 2023 | £353,329 | £350,000 | FLAT 8 THE SPINNAKERS BEACH ROAD |
20 Feb 2023 | £329,728 | £329,950 | FLAT 7 THE SPINNAKERS BEACH ROAD |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 8 Nov 2011. Using an estimated price of £185,308 means this house is valued at £3,758 per sq meter (£349 per sq foot).
The average size of a house on BEACH ROAD is 49 sq meters (529 sq feet).