£247,629
This estimated value is based upon the latest sale price for the house of £176,000 on 15 Oct 2015. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £176,000 | 15 Oct 2015 |
| £145,000 | 19 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 October 2015 the House Price Index for PORTSMOUTH was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £176,000 results in an estimated price of approximately £247,629.
| 15 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £176,000 | £71,629 | £247,629 |
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 | -15.672 % | £-27,583 | £148,416 |
| 3 Month Average | 26.655 % | £46,912 | £222,912 |
| 6 Month Average | 54.406 % | £95,755 | £271,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £202,590 | £200,000 | 29 BARNES ROAD |
| 1 Aug 2022 | £224,396 | £225,000 | 11 ETHEL ROAD |
| 13 May 2022 | £247,667 | £243,000 | 22 ETHEL ROAD |
| 6 May 2022 | £201,802 | £198,000 | 50 OLINDA STREET |
| 14 Apr 2022 | £267,748 | £260,000 | 66 ALVER ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Sep 2013. Using an estimated price of £247,630 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on ALVER ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alver Road |