£151,045
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £120,000 | 23 Feb 2018 |
| £23,000 | 24 Feb 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 February 2018 the House Price Index for PORTSMOUTH was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £120,000 results in an estimated price of approximately £151,045.
| 23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £120,000 | £31,045 | £151,045 |
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 | 7.029 % | £8,434 | £128,434 |
| 3 Month Average | 4.970 % | £5,964 | £125,964 |
| 6 Month Average | 2.396 % | £2,874 | £122,874 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2022 | £155,831 | £152,500 | FLAT 3 150 ELM GROVE |
| 15 Dec 2021 | £188,879 | £175,000 | 9C STAFFORD ROAD |
| 18 Dec 2020 | £601,229 | £520,000 | 5 STAFFORD ROAD |
| 7 Sep 2020 | £215,311 | £180,000 | FLAT 5 WISH LANE COURT, 129 ELM GROVE |
| 17 Jul 2020 | £140,088 | £115,000 | FLAT 3 148 ELM GROVE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 9 Jun 2017. Using an estimated price of £151,045 means this house is valued at £3,512 per sq meter (£326 per sq foot).
The average size of a house on ELM GROVE is 64 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stafford Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stafford Road |
| Oct 2024 | Other theft | Under investigation | On or near Stafford Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Stafford Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Stafford Road |