FLAT 2, 16, SPRING CRESCENT, SOUTHAMPTON, SO17 2GA - £145,000

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.

FLAT 2 16 SPRING CRESCENT is a midsized flat of 53m², built sometime between 1976 and 1982, which could now be worth an estimated £206,512. It was last sold for £145,000 in April 2012, which was around 35% above the average April 2012 flat price in the Southampton local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

FLAT 2 16 SPRING CRESCENT Sold Prices

Land registry data shows three sales for FLAT 2 16 SPRING CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Southampton local authority area for the corresponding sale date. All of the three FLAT 2 16 SPRING CRESCENT sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 5 APR	£145,000	£107,485	35% above HPI
2005 30 JUN	£136,000	£111,980	21% above HPI
1998 30 NOV	£46,000	£42,036	9% above HPI

What might FLAT 2 16 SPRING CRESCENT be worth now?

FLAT 2 16 SPRING CRESCENT might now be worth an estimated £206,512.

This is based on house price inflation of 42.4%, between April 2012 and May 2026, for flats, in the Southampton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.4% inflationary increase is applied to the most recent sale price for FLAT 2 16 SPRING CRESCENT of £145,000 on 5th April 2012. For the value to have increased from £145,000 to £206,512 over the thirteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 16 SPRING CRESCENT has moved in line with the HPI for flats in the Southampton local authority area.
• The April 2012 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 16 SPRING CRESCENT has not materially changed since April 2012.

How Large is FLAT 2 16 SPRING CRESCENT?

FLAT 2 16 SPRING CRESCENT is 53m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 50% of flats in Southampton, based on EPC data. 42% of flats are smaller than FLAT 2 16 SPRING CRESCENT, and 56% of flats are larger. Note that EPC data is not available for all properties in Southampton.

FLAT 2 16 SPRING CRESCENT: Plot

FLAT 2 16 SPRING CRESCENT sits on a plot of roughly 0.249 of an acre, or 1,006m².

Where is FLAT 2 16 SPRING CRESCENT?

FLAT 2, 16 SPRING CRESCENT is located in SOUTHAMPTON, in the SO17 postcode district.