£58,364
This estimated value is based upon the latest sale price for the house of £57,500 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £57,500 | 17 Nov 2023 |
| £55,000 | 18 Sep 2015 |
| £29,500 | 21 Jul 1998 |
| £23,000 | 27 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 400 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 November 2023 the House Price Index for PORTSMOUTH was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £57,500 results in an estimated price of approximately £58,364.
| 17 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £57,500 | £864 | £58,364 |
The Postcode Pricing Model uses changes in average sales price within the PO2 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 | 27.261 % | £15,674 | £73,174 |
| 3 Month Average | -10.629 % | £-6,111 | £51,388 |
| 6 Month Average | -5.658 % | £-3,253 | £54,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £58,364 | £57,500 | FLAT 36 RUDMORE COURT SIMPSON ROAD |
| 15 Sep 2023 | £237,385 | £234,350 | 34 STANLEY ROAD |
| 1 Jun 2023 | £232,820 | £230,000 | 5 STANLEY ROAD |
| 25 Apr 2023 | £60,653 | £60,000 | FLAT 29 RUDMORE COURT SIMPSON ROAD |
| 31 Jan 2023 | £51,259 | £51,500 | FLAT 18 RUDMORE COURT SIMPSON ROAD |
This house has a floor area of 37 sq meters or 400 sq feet when measured on 5 Aug 2010. Using an estimated price of £58,364 means this house is valued at £1,568 per sq meter (£145 per sq foot).
The average size of a house on SIMPSON ROAD is 50 sq meters (544 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Simpson Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Simpson Road |
| Mar 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Simpson Road |
| Mar 2024 | Public order | Under investigation | On or near Simpson Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Simpson Road |