£275,481
This estimated value is based upon the latest sale price for the house of £162,500 on 29 Sep 2010. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£162,500 | 29 Sep 2010 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 September 2010 the House Price Index for PORTSMOUTH was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £162,500 results in an estimated price of approximately £275,481.
29 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.527 % | £162,500 | £112,981 | £275,481 |
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 | 28.189 % | £45,806 | £208,306 |
3 Month Average | 57.290 % | £93,096 | £255,596 |
6 Month Average | 61.951 % | £100,669 | £263,169 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £303,885 | £300,000 | 84 MAGDALEN ROAD |
16 Jun 2023 | £374,537 | £370,000 | 62 NORTHERN PARADE |
7 Apr 2022 | £314,089 | £305,000 | THE LODGE ALEXANDRA PARK, 1 NORTHERN PARADE |
29 Nov 2021 | £310,935 | £287,500 | 60 OPHIR ROAD |
18 Dec 2020 | £329,968 | £287,500 | 63 HARTLEY ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 11 Nov 2013. Using an estimated price of £275,481 means this house is valued at £2,899 per sq meter (£269 per sq foot).
The average size of a house on MAGDALEN ROAD is 115 sq meters (1,239 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hartley Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Hartley Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hartley Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ophir Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ophir Road |