£198,436
This estimated value is based upon the latest sale price for the house of £140,000 on 1 Oct 2015. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £140,000 | 1 Oct 2015 |
| £120,000 | 15 Aug 2012 |
| £120,000 | 15 Aug 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 October 2015 the House Price Index for PORTSMOUTH was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £140,000 results in an estimated price of approximately £198,436.
| 1 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £140,000 | £58,436 | £198,436 |
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 | 34.075 % | £47,704 | £187,704 |
| 3 Month Average | 28.550 % | £39,970 | £179,970 |
| 6 Month Average | 34.631 % | £48,483 | £188,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £766,555 | £743,000 | 11 FESTING GROVE |
| 24 Nov 2023 | £705,406 | £687,500 | 33 FESTING ROAD |
| 2 Jun 2023 | £177,558 | £174,000 | FLAT 8 17 SALISBURY ROAD |
| 31 Mar 2023 | £167,802 | £165,000 | FLAT 2 27 FESTING ROAD |
| 31 Mar 2023 | £673,752 | £662,500 | 28 ANDOVER ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 7 Jul 2015. Using an estimated price of £198,436 means this house is valued at £3,200 per sq meter (£297 per sq foot).
The average size of a house on SALISBURY ROAD is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Festing Road |
| Jun 2024 | Other crime | Under investigation | On or near Festing Road |
| Jun 2024 | Drugs | Local resolution | On or near Festing Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Festing Road |
| Jun 2024 | Public order | Under investigation | On or near Festing Road |