£240,361
This estimated value is based upon the latest sale price for the house of £242,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £242,000 | 25 Aug 2023 |
| £192,500 | 24 Jun 2021 |
| £54,500 | 28 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 August 2023 the House Price Index for PORTSMOUTH was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £242,000 results in an estimated price of approximately £240,361.
| 25 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £242,000 | £-1,638 | £240,361 |
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 | 8.855 % | £21,430 | £263,430 |
| 3 Month Average | -8.234 % | £-19,925 | £222,074 |
| 6 Month Average | 9.370 % | £22,676 | £264,676 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 31 Jul 2018.
The average size of a house on SOUTH ROAD is 61 sq meters (662 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ernest Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ernest Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ernest Road |