8, MARKEN CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6GG - £189,000

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.

8 MARKEN CLOSE is a detached house, which could now be worth an estimated £492,785. It was last sold for £189,000 in October 2001, which was around 9% below the average October 2001 detached price in the Fareham local authority area.

8 MARKEN CLOSE Sold Prices

Land registry data shows two sales for 8 MARKEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. One of the two 8 MARKEN CLOSE sales was for below the average price, whilst the other was 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
2001 10 OCT	£189,000	£208,751	9% below HPI
1996 29 MAR	£104,500	£102,248	2% above HPI

What might 8 MARKEN CLOSE be worth now?

8 MARKEN CLOSE might now be worth an estimated £492,785.

This is based on house price inflation of 160.7%, between October 2001 and May 2026, for 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 160.7% inflationary increase is applied to the most recent sale price for 8 MARKEN CLOSE of £189,000 on 10th October 2001. For the value to have increased from £189,000 to £492,785 over the 25 years and five months to May 2026, the following assumptions must hold true:

• The value of 8 MARKEN CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The October 2001 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARKEN CLOSE has not materially changed since October 2001.

Where is 8 MARKEN CLOSE?

8 MARKEN CLOSE is located in LOCKS HEATH, in the SO31 postcode district.