£489,727
This estimated value is based upon the latest sale price for the house of £480,500 on 3 May 2022. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £480,500 | 3 May 2022 |
| £345,000 | 27 Mar 2019 |
| £55,000 | 9 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 2022 the House Price Index for PORTSMOUTH was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £480,500 results in an estimated price of approximately £489,727.
| 3 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £480,500 | £9,227 | £489,727 |
The Postcode Pricing Model uses changes in average sales price within the BN2 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 | 8.810 % | £42,332 | £522,832 |
| 3 Month Average | 1.170 % | £5,623 | £486,123 |
| 6 Month Average | 7.931 % | £38,110 | £518,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £286,745 | £282,500 | 2 NEW STEINE MANSIONS DEVONSHIRE PLACE |
| 28 Jul 2023 | £522,026 | £515,000 | 12 NEW STEINE MANSIONS DEVONSHIRE PLACE |
| 3 Mar 2023 | £345,253 | £342,000 | FLAT 3 DEVONSHIRE MANSIONS DEVONSHIRE PLACE |
| 25 Jul 2022 | £381,026 | £380,000 | BASEMENT FLAT 14 DEVONSHIRE PLACE |
| 4 Jul 2022 | £275,742 | £275,000 | 78 ST JAMES'S STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Jul 2019. Using an estimated price of £489,728 means this house is valued at £5,761 per sq meter (£535 per sq foot).
The average size of a house on DEVONSHIRE PLACE is 62 sq meters (676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near New Steine Mews |
| Apr 2024 | Anti-social behaviour | On or near New Steine Mews | |
| Feb 2024 | Anti-social behaviour | On or near New Steine Mews | |
| Feb 2024 | Anti-social behaviour | On or near New Steine Mews | |
| Feb 2024 | Anti-social behaviour | On or near New Steine Mews |