£474,722
This estimated value is based upon the latest sale price for the house of £169,500 on 12 Jul 2002. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£169,500 | 12 Jul 2002 |
Terraced |
Freehold |
Floor Area: 147 sq meters or 1,582 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 July 2002 the House Price Index for PORTSMOUTH was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £169,500 results in an estimated price of approximately £474,722.
12 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £169,500 | £305,222 | £474,722 |
The Postcode Pricing Model uses changes in average sales price within the PO5 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 | 82.616 % | £140,034 | £309,534 |
3 Month Average | 131.131 % | £222,266 | £391,766 |
6 Month Average | 130.982 % | £222,015 | £391,515 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £191,677 | £190,000 | 37 KING STREET |
10 Feb 2023 | £156,894 | £157,000 | 28 NORFOLK STREET |
4 Jan 2023 | £320,490 | £322,000 | 21 NORFOLK STREET |
30 Jun 2022 | £466,594 | £460,000 | 5 GLOUCESTER VIEW |
4 Apr 2022 | £586,985 | £570,000 | 11 NORFOLK STREET |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 21 Jul 2015. Using an estimated price of £474,722 means this house is valued at £3,229 per sq meter (£300 per sq foot).
The average size of a house on GLOUCESTER TERRACE is 223 sq meters (2,406 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Norfolk Street | |
Mar 2024 | Other theft | Under investigation | On or near Norfolk Street |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Gloucester Place |
Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Gloucester Terrace |
Mar 2024 | Public order | Under investigation | On or near King Street |