£439,018
This estimated value is based upon the latest sale price for the house of £305,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £305,000 | 31 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 July 2015 the House Price Index for PORTSMOUTH was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £305,000 results in an estimated price of approximately £439,018.
| 31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £305,000 | £134,018 | £439,018 |
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 | 5.041 % | £15,375 | £320,375 |
| 3 Month Average | 0.991 % | £3,021 | £308,021 |
| 6 Month Average | 21.335 % | £65,073 | £370,073 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £263,547 | £260,000 | FLAT 2 CRAIG HOUSE MARMION AVENUE |
| 10 Jul 2023 | £141,910 | £140,000 | FLAT 4 30 NELSON ROAD |
| 23 Jun 2023 | £220,673 | £218,000 | FLAT 2 23 NELSON ROAD |
| 7 Mar 2023 | £123,160 | £122,000 | FLAT 1 38 NELSON ROAD |
| 27 Jan 2023 | £139,339 | £139,995 | FLAT 4 24 NELSON ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 27 Jan 2014. Using an estimated price of £439,019 means this house is valued at £3,658 per sq meter (£339 per sq foot).
The average size of a house on MARMION AVENUE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marmion Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marmion Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Marmion Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marmion Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marmion Avenue |