£164,661
This estimated value is based upon the latest sale price for the house of £135,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £135,000 | 24 Jan 2020 |
| £113,000 | 15 Dec 2007 |
| £90,500 | 31 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £135,000 results in an estimated price of approximately £164,661.
| 24 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £135,000 | £29,661 | £164,661 |
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 % | £-11,711 | £123,288 |
| 3 Month Average | -19.013 % | £-25,667 | £109,332 |
| 6 Month Average | -1.005 % | £-1,356 | £133,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £159,649 | £157,500 | FLAT D 40 SHAFTESBURY ROAD |
| 6 Jul 2023 | £150,019 | £148,000 | FLAT 3 28 SHAFTESBURY ROAD |
| 30 Sep 2022 | £252,957 | £255,000 | LOWER GROUND FLOOR FLAT 22 SHAFTESBURY ROAD |
| 14 Jul 2022 | £496,336 | £495,000 | 10 SHAFTESBURY ROAD |
| 10 Jun 2022 | £210,474 | £207,500 | FLAT 3 27 NIGHTINGALE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Oct 2019. Using an estimated price of £164,661 means this house is valued at £2,613 per sq meter (£242 per sq foot).
The average size of a house on NIGHTINGALE ROAD is 71 sq meters (770 sq feet).