6, RICHARDS CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6LN - £142,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 RICHARDS CLOSE is a terraced house, which could now be worth an estimated £172,889. It was last sold for £142,500 in February 2019, which was around 38% below the average February 2019 terraced price in the Fareham local authority area.

6 RICHARDS CLOSE Sold Prices

Land registry data shows one sale for 6 RICHARDS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Fareham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 7 FEB	£142,500	£228,817	38% below HPI

What might 6 RICHARDS CLOSE be worth now?

6 RICHARDS CLOSE might now be worth an estimated £172,889.

This is based on house price inflation of 21.3%, between February 2019 and May 2026, for terraced houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.3% inflationary increase is applied to the most recent sale price for 6 RICHARDS CLOSE of £142,500 on 7th February 2019. For the value to have increased from £142,500 to £172,889 over the six years and nine months to May 2026, the following assumptions must hold true:

• The value of 6 RICHARDS CLOSE has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The February 2019 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 6 RICHARDS CLOSE has not materially changed since February 2019.

Where is 6 RICHARDS CLOSE?

6 RICHARDS CLOSE is located in LOCKS HEATH, in the SO31 postcode district.