£238,744
This estimated value is based upon the latest sale price for the house of £190,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£190,000 | 4 May 2018 |
£130,000 | 6 Jul 2007 |
£144,000 | 18 Dec 2003 |
£75,000 | 27 Jun 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 764 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 May 2018 the House Price Index for PORTSMOUTH was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £190,000 results in an estimated price of approximately £238,744.
4 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £190,000 | £48,744 | £238,744 |
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 | -3.723 % | £-7,073 | £182,926 |
3 Month Average | -19.440 % | £-36,936 | £153,063 |
6 Month Average | 6.607 % | £12,552 | £202,552 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Mar 2023 | £252,212 | £248,000 | FLAT 8 PALM COURT, 87 PALMERSTON ROAD |
28 Feb 2023 | £191,278 | £190,000 | FLAT 12 HAMILTON COURT ASHBY PLACE |
16 Aug 2022 | £153,216 | £152,500 | FLAT 23 HAMILTON COURT ASHBY PLACE |
27 Jun 2022 | £149,189 | £146,000 | FLAT 1 97B PALMERSTON ROAD |
14 Apr 2022 | £140,052 | £135,000 | FLAT C 105 PALMERSTON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Jul 2021. Using an estimated price of £238,745 means this house is valued at £3,362 per sq meter (£312 per sq foot).
The average size of a house on PALMERSTON ROAD is 76 sq meters (823 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Shoplifting | Under investigation | On or near Palmerston Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmerston Road |
Jul 2024 | Drugs | Under investigation | On or near Palmerston Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Palmerston Road |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Palmerston Road |