£210,715
This estimated value is based upon the latest sale price for the house of £156,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £156,000 | 31 Mar 2016 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2016 the House Price Index for PORTSMOUTH was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £156,000 results in an estimated price of approximately £210,715.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £156,000 | £54,715 | £210,715 |
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 | -20.059 % | £-31,292 | £124,707 |
| 3 Month Average | 35.093 % | £54,745 | £210,745 |
| 6 Month Average | 52.724 % | £82,248 | £238,248 |
| 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 90 sq meters or 968 sq feet when measured on 7 Nov 2019. Using an estimated price of £210,715 means this house is valued at £2,341 per sq meter (£217 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 | 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 |
| Jan 2024 | Drugs | Offender given a caution | On or near Olinda Street |