19, MONARCH CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UG - £188,000

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.

19 MONARCH CLOSE is a terraced house, which could now be worth an estimated £274,164. It was last sold for £188,000 in May 2015, which was around 1% below the average May 2015 terraced price in the Fareham local authority area.

19 MONARCH CLOSE Sold Prices

Land registry data shows five sales for 19 MONARCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Fareham local authority area for the corresponding sale date. The five 19 MONARCH CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2015 28 MAY	£188,000	£190,366	1% below HPI
2009 6 JUL	£140,000	£145,116	4% below HPI
2003 28 FEB	£132,000	£122,719	8% above HPI
2001 11 MAY	£87,750	£83,885	5% above HPI
1998 29 JUN	£61,750	£61,585	Close to HPI

What might 19 MONARCH CLOSE be worth now?

19 MONARCH CLOSE might now be worth an estimated £274,164.

This is based on house price inflation of 45.8%, between May 2015 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 45.8% inflationary increase is applied to the most recent sale price for 19 MONARCH CLOSE of £188,000 on 28th May 2015. For the value to have increased from £188,000 to £274,164 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 19 MONARCH CLOSE has moved in line with the HPI for terraced houses in the Fareham local authority area.
• The May 2015 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 19 MONARCH CLOSE has not materially changed since May 2015.

Where is 19 MONARCH CLOSE?

19 MONARCH CLOSE is located in LOCKS HEATH, in the SO31 postcode district.