£198,672
This estimated value is based upon the latest sale price for the house of £128,500 on 23 May 2014. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £128,500 | 23 May 2014 |
| £123,000 | 14 Oct 2011 |
| £119,000 | 23 Jul 2005 |
| £48,995 | 28 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 601 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 2014 the House Price Index for PORTSMOUTH was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £128,500 results in an estimated price of approximately £198,672.
| 23 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £128,500 | £70,172 | £198,672 |
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 | -6.796 % | £-8,732 | £119,767 |
| 3 Month Average | 35.830 % | £46,041 | £174,541 |
| 6 Month Average | 63.899 % | £82,110 | £210,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £202,590 | £200,000 | 29 BARNES ROAD |
| 6 May 2022 | £201,802 | £198,000 | 50 OLINDA STREET |
| 14 Apr 2022 | £267,748 | £260,000 | 66 ALVER ROAD |
| 7 Mar 2022 | £196,890 | £190,000 | 28 ALVER ROAD |
| 19 Nov 2021 | £200,080 | £185,000 | 59 OLINDA STREET |
This house has a floor area of 55 sq meters or 601 sq feet when measured on 21 May 2011. Using an estimated price of £198,672 means this house is valued at £3,555 per sq meter (£330 per sq foot).
The average size of a house on OLINDA STREET is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Olinda Street |
| Jan 2024 | Drugs | Offender given a caution | On or near Olinda Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Alver Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Alver Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alver Road |