£197,157
This estimated value is based upon the latest sale price for the house of £160,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for PORTSMOUTH 1
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| Price Paid | Date |
|---|---|
| £160,000 | 22 May 2020 |
| £165,000 | 1 Sep 2005 |
| £95,000 | 29 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
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 2020 the House Price Index for PORTSMOUTH was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £160,000 results in an estimated price of approximately £197,157.
| 22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £160,000 | £37,157 | £197,157 |
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 | 11.285 % | £18,055 | £178,055 |
| 3 Month Average | -0.093 % | £-148 | £159,851 |
| 6 Month Average | -8.023 % | £-12,836 | £147,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £86,326 | £85,000 | FLAT 43 HOMEHEIGHTS CLARENCE PARADE |
| 29 Aug 2023 | £168,031 | £165,000 | FLAT 31 HOMEHEIGHTS CLARENCE PARADE |
| 25 Aug 2023 | £234,224 | £230,000 | FLAT 63 HOMEHEIGHTS CLARENCE PARADE |
| 22 Aug 2023 | £159,884 | £157,000 | FLAT 12 HOMEHEIGHTS CLARENCE PARADE |
| 21 Aug 2023 | £524,459 | £515,000 | 2 NETLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Osborne Road |
| Oct 2024 | Drugs | Under investigation | On or near Osborne Road |
| Oct 2024 | Public order | Under investigation | On or near Osborne Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Osborne Road |
| Aug 2024 | Public order | Under investigation | On or near Osborne Road |