£471,568
This estimated value is based upon the latest sale price for the house of £295,000 on 13 Dec 2013. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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Price Paid | Date |
---|---|
£295,000 | 13 Dec 2013 |
£192,500 | 10 Oct 2003 |
Detached |
Freehold |
Floor Area: 154 sq meters or 1,657 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 December 2013 the House Price Index for PORTSMOUTH was 92.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.854%.Applying this 59.854% change to the original purchase price of £295,000 results in an estimated price of approximately £471,568.
13 Dec 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.0 | 59.854 % | £295,000 | £176,568 | £471,568 |
The Postcode Pricing Model uses changes in average sales price within the PO2 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 | 20.162 % | £59,478 | £354,478 |
3 Month Average | 46.094 % | £135,976 | £430,976 |
6 Month Average | 48.916 % | £144,303 | £439,303 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £373,025 | £370,000 | 62 NORTHERN PARADE |
7 Apr 2022 | £312,820 | £305,000 | THE LODGE ALEXANDRA PARK, 1 NORTHERN PARADE |
23 Oct 2020 | £338,821 | £290,000 | 51 NORTHERN PARADE |
7 Sep 2020 | £301,560 | £255,000 | 66 HARTLEY ROAD |
28 May 2020 | £316,743 | £260,000 | 76 MAGDALEN ROAD |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 2 Sep 2013. Using an estimated price of £471,568 means this house is valued at £3,062 per sq meter (£284 per sq foot).
The average size of a house on NORTHERN PARADE is 99 sq meters (1,066 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Vita Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Sports/Recreation Area |
Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area |