£212,065
This estimated value is based upon the latest sale price for the house of £157,000 on 30 Mar 2016. This value is then adjusted by the current Official House Price Index for SOUTHAMPTON 1
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Price Paid | Date |
---|---|
£157,000 | 30 Mar 2016 |
£92,500 | 25 Sep 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 March 2016 the House Price Index for SOUTHAMPTON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £157,000 results in an estimated price of approximately £212,065.
30 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £157,000 | £55,065 | £212,065 |
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 | 113.570 % | £178,305 | £335,305 |
3 Month Average | -8.647 % | £-13,576 | £143,423 |
6 Month Average | -5.007 % | £-7,861 | £149,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £737,911 | £725,000 | 17 BROOKVALE ROAD |
10 Nov 2023 | £238,531 | £235,000 | FLAT 9 61 WESTWOOD ROAD |
15 Jun 2023 | £288,495 | £285,000 | APARTMENT 22 COMPASS COURT, 42 - 44 WINN ROAD |
14 Apr 2023 | £255,248 | £252,500 | APARTMENT 3 COMPASS COURT, 42 - 44 WINN ROAD |
30 Jan 2023 | £148,301 | £149,000 | FLAT 12 TENNYSON COURT, 50 WINN ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 17 Apr 2014. Using an estimated price of £212,066 means this house is valued at £2,945 per sq meter (£273 per sq foot).
The average size of a house on WESTWOOD ROAD is 65 sq meters (703 sq feet).