£1,220,311
This estimated value is based upon the latest sale price for the house of £1,185,000 on 26 Apr 2022. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £1,185,000 | 26 Apr 2022 |
| £935,000 | 11 Sep 2018 |
| £765,000 | 27 Apr 2007 |
| £400,000 | 13 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 286 sq meters or 3,078 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 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £1,185,000 results in an estimated price of approximately £1,220,311.
| 26 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £1,185,000 | £35,311 | £1,220,311 |
The Postcode Pricing Model uses changes in average sales price within the PO4 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 | -0.127 % | £-1,506 | £1,183,493 |
| 3 Month Average | -12.653 % | £-149,936 | £1,035,063 |
| 6 Month Average | -3.605 % | £-42,714 | £1,142,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £109,962 | £109,000 | 33D SALISBURY ROAD |
| 21 Jul 2023 | £172,319 | £170,000 | TOP FLAT 27 SALISBURY ROAD |
| 12 Jun 2023 | £384,659 | £380,000 | FLAT 22 CRESTA COURT EASTERN PARADE |
| 24 Jan 2023 | £185,626 | £186,500 | FLAT 2 29 SALISBURY ROAD |
| 7 Jun 2022 | £145,050 | £143,000 | FLAT 11 FORT HOUSE, 7 EASTERN PARADE |
This house has a floor area of 286 sq meters or 3,078 sq feet when measured on 1 Jun 2018. Using an estimated price of £1,220,312 means this house is valued at £4,266 per sq meter (£396 per sq foot).
The average size of a house on SPENCER ROAD is 162 sq meters (1,745 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Spencer Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bruce Road |
| Apr 2024 | Anti-social behaviour | On or near Bruce Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elizabeth Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Gardens |