£600,031
This estimated value is based upon the latest sale price for the house of £185,000 on 5 Oct 2001. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £185,000 | 5 Oct 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 272 sq meters or 2,927 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 2001 the House Price Index for PORTSMOUTH was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £185,000 results in an estimated price of approximately £600,031.
| 5 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £185,000 | £415,031 | £600,031 |
The Postcode Pricing Model uses changes in average sales price within the PO4 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 | 124.722 % | £230,735 | £415,735 |
| 3 Month Average | 167.184 % | £309,289 | £494,289 |
| 6 Month Average | 174.161 % | £322,198 | £507,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £756,232 | £743,000 | 11 FESTING GROVE |
| 3 Jul 2023 | £499,219 | £492,500 | 5 FESTING GROVE |
| 2 Jun 2023 | £176,134 | £174,000 | FLAT 8 17 SALISBURY ROAD |
| 31 Mar 2023 | £668,801 | £662,500 | 28 ANDOVER ROAD |
| 31 Mar 2023 | £166,569 | £165,000 | FLAT 2 27 FESTING ROAD |
This house has a floor area of 272 sq meters or 2,927 sq feet when measured on 16 Sep 2015. Using an estimated price of £600,031 means this house is valued at £2,205 per sq meter (£204 per sq foot).
The average size of a house on SALISBURY ROAD is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salisbury Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Salisbury Road |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Salisbury Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Andover Road |
| Feb 2024 | Other theft | Under investigation | On or near Andover Road |