£369,169
This estimated value is based upon the latest sale price for the house of £300,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£300,000 | 16 Aug 2019 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,227 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 August 2019 the House Price Index for PORTSMOUTH was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £300,000 results in an estimated price of approximately £369,169.
16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £300,000 | £69,169 | £369,169 |
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 | 3.881 % | £11,643 | £311,643 |
3 Month Average | 19.171 % | £57,511 | £357,511 |
6 Month Average | 30.672 % | £92,015 | £392,015 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £304,795 | £305,000 | 117FF NEWBOLT ROAD |
1 Sep 2022 | £297,597 | £300,000 | 25 JUBILEE AVENUE |
31 Aug 2022 | £264,289 | £265,000 | 117C NEWBOLT ROAD |
1 Jul 2022 | £152,410 | £152,000 | 32 DRYDEN AVENUE |
17 Jun 2022 | £253,584 | £250,000 | 3 DRYDEN AVENUE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 18 Jul 2018. Using an estimated price of £369,169 means this house is valued at £3,238 per sq meter (£300 per sq foot).
The average size of a house on RAYMOND ROAD is 106 sq meters (1,143 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dryden Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dryden Avenue |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Dryden Avenue |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Dryden Avenue |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jubilee Avenue |