7, MONARCH CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6UG - £170,000

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.

7 MONARCH CLOSE is a semi-detached house, which could now be worth an estimated £323,870. It was last sold for £170,000 in July 2005, which was around 4% below the average July 2005 semi-detached price in the Fareham local authority area.

7 MONARCH CLOSE Sold Prices

Land registry data shows two sales for 7 MONARCH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Fareham local authority area for the corresponding sale date. Both of the two 7 MONARCH CLOSE sales were for below 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
2005 1 JUL	£170,000	£176,706	4% below HPI
2000 10 NOV	£100,500	£102,079	2% below HPI

What might 7 MONARCH CLOSE be worth now?

7 MONARCH CLOSE might now be worth an estimated £323,870.

This is based on house price inflation of 90.5%, between July 2005 and April 2026, for semi-detached 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 90.5% inflationary increase is applied to the most recent sale price for 7 MONARCH CLOSE of £170,000 on 1st July 2005. For the value to have increased from £170,000 to £323,870 over the 21 years and three months to April 2026, the following assumptions must hold true:

• The value of 7 MONARCH CLOSE has moved in line with the HPI for semi-detached houses in the Fareham local authority area.
• The July 2005 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MONARCH CLOSE has not materially changed since July 2005.

Where is 7 MONARCH CLOSE?

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