8, MAYTREE CLOSE, LOCKS HEATH, SOUTHAMPTON, SO31 6NQ - £350,000

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 MAYTREE CLOSE is a detached house, which could now be worth an estimated £570,089. It was last sold for £350,000 in May 2008, which was around 5% above the average May 2008 detached price in the Fareham local authority area.

8 MAYTREE CLOSE Sold Prices

Land registry data shows three sales for 8 MAYTREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the three 8 MAYTREE CLOSE 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
2008 23 MAY	£350,000	£334,156	5% above HPI
2006 15 SEP	£320,000	£298,512	7% above HPI
2001 4 MAY	£225,000	£182,551	23% above HPI

What might 8 MAYTREE CLOSE be worth now?

8 MAYTREE CLOSE might now be worth an estimated £570,089.

This is based on house price inflation of 62.9%, between May 2008 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 62.9% inflationary increase is applied to the most recent sale price for 8 MAYTREE CLOSE of £350,000 on 23rd May 2008. For the value to have increased from £350,000 to £570,089 over the eighteen years to May 2026, the following assumptions must hold true:

• The value of 8 MAYTREE CLOSE has moved in line with the HPI for detached houses in the Fareham local authority area.
• The May 2008 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MAYTREE CLOSE has not materially changed since May 2008.

Where is 8 MAYTREE CLOSE?

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