£181,006
This estimated value is based upon the latest sale price for the house of £159,000 on 28 May 2021. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £159,000 | 28 May 2021 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2021 the House Price Index for PORTSMOUTH was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £159,000 results in an estimated price of approximately £181,006.
| 28 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £159,000 | £22,006 | £181,006 |
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 | -20.792 % | £-33,060 | £125,939 |
| 3 Month Average | -42.054 % | £-66,865 | £92,134 |
| 6 Month Average | -2.171 % | £-3,452 | £155,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £237,059 | £235,000 | 51 LAWSON ROAD |
| 14 Nov 2023 | £258,563 | £252,000 | 21 LAWSON ROAD |
| 6 Apr 2023 | £260,880 | £256,000 | 45 LAWSON ROAD |
| 17 Mar 2023 | £176,327 | £173,382 | 27 LAWSON ROAD |
| 5 Sep 2022 | £209,860 | £210,000 | 43 LAWSON ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 29 Oct 2020. Using an estimated price of £181,006 means this house is valued at £2,742 per sq meter (£254 per sq foot).
The average size of a house on STANSTED ROAD is 80 sq meters (863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Lawson Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Stansted Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grenville Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cleveland Road |
| Jul 2024 | Possession of weapons | Under investigation | On or near Cleveland Road |