£138,461
This estimated value is based upon the latest sale price for the house of £135,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
There has been one burglary within the last year on or near Palmerston Road
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| Price Paid | Date |
|---|---|
| £135,000 | 14 Apr 2022 |
| £95,000 | 17 Dec 2010 |
| £100,000 | 8 Apr 2004 |
| £79,950 | 31 Oct 2002 |
| £35,500 | 15 Sep 2000 |
| £29,750 | 18 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 490 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 April 2022 the House Price Index for PORTSMOUTH was 144.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 2.564%.Applying this 2.564% change to the original purchase price of £135,000 results in an estimated price of approximately £138,461.
| 14 Apr 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.0 | 2.564 % | £135,000 | £3,461 | £138,461 |
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 | -22.502 % | £-30,377 | £104,622 |
| 3 Month Average | -8.743 % | £-11,803 | £123,196 |
| 6 Month Average | -7.350 % | £-9,921 | £125,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £249,348 | £248,000 | FLAT 8 PALM COURT, 87 PALMERSTON ROAD |
| 28 Feb 2023 | £189,106 | £190,000 | FLAT 12 HAMILTON COURT ASHBY PLACE |
| 16 Aug 2022 | £151,477 | £152,500 | FLAT 23 HAMILTON COURT ASHBY PLACE |
| 27 Jun 2022 | £147,495 | £146,000 | FLAT 1 97B PALMERSTON ROAD |
| 14 Apr 2022 | £138,462 | £135,000 | FLAT C 105 PALMERSTON ROAD |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 13 Apr 2010. Using an estimated price of £138,462 means this house is valued at £3,035 per sq meter (£282 per sq foot).
The average size of a house on PALMERSTON ROAD is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Unable to prosecute suspect | On or near Palmerston Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Palmerston Road |
| Apr 2024 | Drugs | Under investigation | On or near Palmerston Road |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Palmerston Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Palmerston Road |