£309,863
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Jul 2009. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £170,000 | 24 Jul 2009 |
| Flats/Maisonettes |
| Leasehold |
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 2009 the House Price Index for PORTSMOUTH was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £170,000 results in an estimated price of approximately £309,863.
| 24 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £170,000 | £139,863 | £309,863 |
The Postcode Pricing Model uses changes in average sales price within the PO6 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 | 27.166 % | £46,182 | £216,182 |
| 3 Month Average | 79.129 % | £134,520 | £304,520 |
| 6 Month Average | 86.940 % | £147,797 | £317,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2023 | £351,788 | £348,000 | 1 COVERACK WAY |
| 10 Feb 2023 | £289,805 | £290,000 | FLAT 135 OYSTER QUAY PORT WAY |
| 31 Jan 2023 | £507,609 | £510,000 | 16 COVERACK WAY |
| 6 Jan 2023 | £338,406 | £340,000 | FLAT 140 OYSTER QUAY PORT WAY |
| 26 Oct 2022 | £187,976 | £190,000 | FLAT 111 OYSTER QUAY PORT WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coverack Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mullion Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |