£288,988
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Jan 2020. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £240,000 | 7 Jan 2020 |
| £50,100 | 31 Jul 1997 |
| £33,150 | 5 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 sq feet |
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 2020 the House Price Index for PORTSMOUTH was 121.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.412%.Applying this 20.412% change to the original purchase price of £240,000 results in an estimated price of approximately £288,988.
| 7 Jan 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 146.7 | 20.412 % | £240,000 | £48,988 | £288,988 |
The Postcode Pricing Model uses changes in average sales price within the PO5 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 | -8.675 % | £-20,820 | £219,179 |
| 3 Month Average | -19.013 % | £-45,631 | £194,368 |
| 6 Month Average | -1.005 % | £-2,411 | £237,588 |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 22 Oct 2021.
The average size of a house on MONTGOMERIE ROAD is 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Montgomerie Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Montgomerie Road |
| Feb 2024 | Anti-social behaviour | On or near Montgomerie Road | |
| Feb 2024 | Anti-social behaviour | On or near Montgomerie Road | |
| Feb 2024 | Anti-social behaviour | On or near Montgomerie Road |