£149,296
This estimated value is based upon the latest sale price for the house of £150,000 on 26 Jan 2023. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £150,000 | 26 Jan 2023 |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for PORTSMOUTH to estimate the market value.
When this house was purchased in January 2023 the House Price Index for PORTSMOUTH was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £150,000 results in an estimated price of approximately £149,296.
| 26 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £150,000 | £-703 | £149,296 |
The Postcode Pricing Model uses changes in average sales price within the PO1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -21.116 % | £-31,674 | £118,325 |
| 3 Month Average | 20.647 % | £30,970 | £180,970 |
| 6 Month Average | 16.816 % | £25,224 | £175,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £111,653 | £110,000 | FLAT 1A KINGSTON HOUSE, 29 - 31 KINGSTON CRESCENT |
| 2 Aug 2023 | £85,750 | £85,000 | FLAT 12C KINGSWAY BUILDINGS KINGSTON ROAD |
| 30 Jun 2023 | £116,410 | £115,000 | FLAT 16 KINGSTON HOUSE, 29 - 31 KINGSTON CRESCENT |
| 24 Feb 2023 | £162,391 | £162,500 | FLAT 6 BRADBURY HOUSE, 20 KINGSTON ROAD |
| 6 Feb 2023 | £99,933 | £100,000 | 4 JADE MEWS, 62 KINGSTON ROAD |